Group restructuring lifts Zimre Holdings in first six months of 2017

Group restructuring lifts Zimre Holdings in first six months of 2017

Insurance24 Reporter

HARARE, Zimre Holdings Limited gross written premium for the six months ended 30 June 2017 at $15.79 mln was lower than $16.32 mln recorded in 2016 same period. Despite the decline GWP, the group achieved a 113% increase in profit for the period to $2.72 mln compared to $220 649 in 2016 largely as a result of

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Reuben Java appointed Fidelity Life Group CEO, as profit jumps 100% in half year 2017

Reuben Java appointed Fidelity Life Group CEO, as profit jumps 100% in half year 2017

Insurance24 Reporter

HARARE, Fidelity Life Assurance Zimbabwe Limited net premiums for the interim six months ended 30 June 2017 declined 28% to $6.06 mln compared to $8.44 mln same period in 2016.

This was largely due to non- remittance of premiums by some policyholders and the discontinuance of some product lines

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