ZB Holdings net insurance premiums up 13% in H1 2017
Insurance24 Reporter
Harare – ZB Holdings says regional operations remain key to Group’s insurance units with 29% of reinsurance premiums earned from the region as at HY17 compared to 19% at HY16.
Chief Executive Ronny Mutandagayi told analysts that as regional operations remains key the strategy, establishment of physical presence in Mozambique
NicozDiamond Insurance to merge with Tristarinsurance as FMH seek to raise $17.25 mln
Insurance24 reporter
HARARE, First Mutual Holdings will raise $17.25 million through a renounceable rights offer with the proceeds earmarked for the proposed acquisition 80.92% of the entire issued share capital of NicozDiamond Insurance Limited.
According to a circular published, both transactions will require shareholder