Restructuring and cost realignment pays off for ZHL in 2017
Insurance24
Harare, In 2016, Zimre Holdings embarked upon a restructuring exercise and adopted various cost re-alignment initiatives, resultantly that mirrors Group a strong performance achieved for the year ended 31 December 2017.
As part of the restructuring, the Group realigned assets to focus of the reinsurance and property business and
Willis and Marsh brokers to launch M&A intermediary
Compiled by Insurance24
HARARE, Three London market M&A insurance brokers have resigned from their respective firms to establish a boutique brokerage specialising in transactional risk, this publication has learned.
Alan Hands, placement leader at Marsh’s UK transactional risk team, and two Willis Towers Watson brokers, Clemens Kueppers
Fidelity Life Assurance premiums dip as new business drives Vanguard Life Assurance
By Insurance24
HARARE, Fidelity Life Assurance of Zimbabwe group gross insurance premiums for 2017 at $14.24 mln were 7% lower than $15.38 mln in 2016 largely on shrinkage of the business by the anchor company.
Fidelity’s 2017 financial year was characterized by a restructuring exercise that was aimed at re-positioning