Accra, Ghana//-Enterprise Group PLC, a leading Ghanaian diversified financial services company, today revealed that its first-half (H1) 2026 performance showed that it remains solid, with soaring profit.
According to senior executives of the Group, the first-half results reflect not only growth, but the quality of that growth.
Net revenue increased by 21.7%, profit before tax grew by 35.1%, and operating expense growth was contained at 5.2%, demonstrating their commitment to disciplined execution, prudent capital management and sustainable profitability, they told participants at today’s Facts Behind The Figures session organised by the Ghana Stock Exchange (GSE).
The Group Chief Executive Officer (CEO) of Enterprise Group PLC, Daniel Larbi-Tieku, who set the ball rolling at the event, maintained: “Our H1 2026 performance demonstrates that Enterprise Group remains solid, has a strong brand and continues to meet its obligations to its customers and stakeholders.
We have delivered strong growth in revenue and profitability while continuing to invest in our people, our customers, digital transformation and the long-term sustainability of the Group”.
He assured that the Group is on track to complete its three-year strategic plan in 2027. “Behind the numbers is a deliberate focus on building enduring businesses that create value for customers, shareholders and society.”
Operating priorities for 2026
Mr Larbi-Tieku was quick to add that the Group is driving risk solutions within the insurance businesses to generate healthier revenues and improved margins preserving financial strength while positioning the Group for continued growth.
“Improving operational efficiency through aggressive automation and the deployment of fit-for-purpose technologies Maintaining investment in activities that create value; giving special attention to the Nigeria operations to move them to break even. All in all, we expect 2026 to conclude with improved revenues and profits”, he said.
Group’s core business activities
Mr Larbi-Tieku explained that the Group’s core business activities span a comprehensive portfolio including life insurance, general insurance, health insurance, pensions, trusteeship, property management, and funeral services.
Enterprise Group operates through its subsidiaries: Enterprise Life, Enterprise Insurance, Acacia Health (now rebranding to Enterprise Health), Enterprise Trustees, Enterprise Properties, and Transitions.
The Group continues to expand its footprint in West Africa, with growing operations in Nigeria and The Gambia.
Enterprise Group has earned a market-leading position across many of its sectors. It is the largest life insurer in Ghana and a top-tier provider of general insurance, he said.
The company’s reputation for innovation, reliability, and customer-centric products—such as the “Unlimited Funeral Finance Plan” and digital platforms like “Advantage Connect”—sets it apart in a highly competitive landscape.
The Group’s workforce totals over 889 employees across Ghana, Nigeria, and The Gambia, a testament to its commitment to talent development and regional capacity building.
Resilience
Throwing more light on the performance and resilience of the Group, Michael Tyson said: “Enterprise Group is a very strong and resilient brand.
We are here to consistently and continuously create value for our shareholders, our people, and then our customers and then the communities in which we also operate. We don’t want to leave them behind, so they must also feel the value that we create”.
For instance, two years ago, Enterprise Insurance celebrated its 100 years, and there were several initiatives. We dug boreholes in all 16 regions of Ghana, Mr Tyson stated.
“We are in business for the reasons why businesses are made. 1. To employ people, 2. To ensure that we meet the needs that we have identified, and 3. The shareholders also smile at all times.
So, we will deepen the capacity of our people because anytime you come into the office and the people are gone, they will say they have closed. Why? Because the human beings have left. So, we are going to invest in our people (staff) continuously to ensure that they can deliver and take all the opportunities that come out in all the environments that we operate”.
Retail offerings
He disclosed that the Group is going to expand their retail offerings, especially personal pension in healthcare, stressing that the Group has a retail product for individuals and their families as well.
This is because most health insurance in the country is corporate-based. This means they provide health insurance for corporate workers or staff.
However, the Group’s Acacia has come out with what is called the Eden Care, which is meant for every individual to supplement or augment their healthcare needs.
Mr Tyson therefore urged those who haven’t signed on to that policy to do so immediately.
The Group also disclosed that it has land banks in key areas that it wants to develop into housing properties to address the housing deficit in the country.
“And then, we cannot be bringing things into our room and leaving our doors open; we are going to continue to tighten the cybersecurity aspect of our business. It is very important”.
The Group operates in the insurance and financial services sector, offering life and non-life insurance, pensions, health insurance, real estate, and funeral services across Ghana, Nigeria, and The Gambia.
