ZB Insurance profitable in 2017 on improved product penetration

By Insurance24

HARARE, ZB Financial Holdings net earnings for the insurance business for the year ended 31 December 2017 increased 9% to $9.6 mln compared to $8.8 mln in 2016 on the back of improved product penetration in the life assurance business and a flat outturn on expenses.

During the period, gross insurance premium income amounted