Old Mutual opens one-stop-shop in Mutare – Press release
By Insurance24
HARARE, Old Mutual, one of Zimbabwe’s largest integrated financial services companies has opened a new one-stop-shop branch offering their mainfinancial and banking services under their Greenzone branded shop concept as well as the refurbished CABS Branch.
Commenting on the opening of the new branch, Jonas Mushosho, Old Mutual
Zimnat launches innovative billboard campaign – Press release
By Insurance24
HARARE, Zimnat has launched an innovative advertising campaign to let people know some of the ways in which it can make their life better, through the customer friendly insurance and finance services it offers.
The campaign, which has also been promoted through television, print media has now added billboards. The emphasis
FMHL to consolidate risk business…moves to re-locate reinsurance business to Botswana.
By Insurance24
First Mutual Holdings Limited says it will looking at consolidating its risk business by romping in cotton famers after tobacco farmers brought in an excess of US$1 million in the interim period.
Gross premiums written in the 6 months to June 30 2018 increased 15% to US$8,3 million from US$ 7,2
The Group, which in 2018 celebrates 100 years since it was established in 1918 and 20 years since it was listed on the Johannesburg and Namibian Stock Exchanges, attributed the performance to its well-diversified profile across geographies, market segments and client offerings.
Investment market volatility, a stronger average Rand exchange rate and weak South African and Namibian economies, however,
Old Mutual limited confirms progress on strategic priorities after JSE listing…
R46.8bn to be returned to shareholders
HARARE, Old Mutual Limited (OML) in its first interim results since its primary listing on the Johannesburg Stock Exchange in June 2018, confirmed it was making good progress on its strategic priorities.
It stated its solid financial delivery in a tough operating environment,
Ipec approves Heritage pension fund liquidation
Walter Mapfumo
Staff Reporter
HARARE, Insurance and Pensions Commission (Ipec) has approved the liquidation of Heritage pension fund with an independent consulting actuary MAOS having been appointed liquidator of the fund.
The approval is as at December 31 2017. In an update Insurance Broking and Risk Management company, Marsh said all members, deferred
CBZ Holdings insurance units profitable in H1, 2018, as ratings also improve
Walter Mapfumo
Staff Reporter
HARARE, CBZ Holdings insurance units net underwriting income for the interim period ended 30 June 2018 increased to $4,69 mln compared to $3,94 million same period last year.
Group’s total income for the period amounted to $93,16 million compared to $80,47 million in June last year.
A statement
Old Mutual repositions its brand and readies for growth
Following its primary listing on the Johannesburg Stock Exchange (JSE), and secondary relisting on the Zimbabwe Stock Exchange in June 2018, Old Mutual has unveiled a vibrant new brand identity, to reflect its fresh customer-led approach and stronger focus on Africa. The company’s new visual personality draws on the optimism, vibrancy and
Old Mutual announces half year operating profit growth of 27% to hit $34.3 million
Harare– Old Mutual Zimbabwe’s Group CEO has announced, during the company’s half-year analyst briefing, an operating profit of $34.3 million representing growth of 27% for the first half of 2018.
Speaking to analysts during the briefing session held today, Mr Jonas Mushosho, Old Mutual Zimbabwe CEO and
ZB Holdings insurance units revenue flat at $4.9 mln in first half 2018
By Insurance24
HARARE, ZB financial holdings says its net revenues from its insurance activities remained flat at $4.9 million, with gross premiums having increased by 6% in the half year ended June 30 2018.
Gross premiums increased to $16, 5 million in H1 2018 from $15,5 million same period last year.
In the