First Mutual Holdings doubles profit as investment income boosts earnings

Staff Writer

First Mutual Holdings Limited (FMHL) more than tripled its earnings in the first five months of 2026 after a sharp rebound in investment income offset rising insurance claims and operating costs, underscoring the resilience of the diversified financial services group’s business model.

The insurance and investment group reported a 202 percent jump in profit after tax to US$10,02

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Insurance sector demonstrates resilience, but liquidity strains expose operational fault lines

Staff Writer

Zimbabwe’s short-term insurance industry entered 2026 on a stronger financial footing, with most insurers comfortably meeting regulatory capital requirements and underwriting profitability improving despite a more challenging operating environment.

However, beneath the encouraging numbers, the latest Insurance and Pensions Commission (IPEC) sector report shows an industry grappling

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