Fidelity Life trade flat with the company due for FY17 reporting. Turnover spikes to $5.11 mln

Fidelity Life trade flat with the company due for FY17 reporting. Turnover spikes to $5.11 mln

By Insurance24

HARARE, Fidelity Life Assurance traded flat at 8c, in a session where turnover spiked to $5.11 mln on big trades from the Zimbabwe Stock Exchange (ZSE) heavyweight counters.

Fidelity among other insurers has not seen share movement for weeks as appetite for insurance companies remain low. The

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AXA to swoop for XL Group for US$15.3 billion

AXA to swoop for XL Group for US$15.3 billion

By Insurance24

HARARE, It’s the big reveal ending all speculation surrounding the sale of XL Group… today the Bermuda-based firm and its buyer announced the acquisition deal that is set to create what has been described as the number one global property and casualty commercial lines insurer.

Paris-headquartered AXA has agreed to pay US$15.3 billion

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