Search results for 'reinsurance'
Zimbabwe
South Africa's Insurance Market in Turmoil: Reinsurance Rates Soar, Power Grid Collapse Looms

South Africa's insurance market, once considered the most developed in Africa, is facing serious challenges due to rising reinsurance rates, which are outstripping the global trend. Claims pay-outs fr

Mar 30, 2023
Companies
ZIMRE Holdings Pursues North-Central Africa Growth Policy

IMRE Holdings, a diversified financial services group, is poised for growth as it pursues a strategic expansion into North and Central African markets through its North-Central Africa growth policy.

May 28, 2024
Companies
ZHL Set Sites on North Africa, Posts US$6.8 Million Profit

Zimre Holdings Limited (ZHL Group) is planning to expand its footprint in North Africa, tapping into the vast opportunities presented by the African Continental Free Trade Area (AfCFTA). The group re

Oct 02, 2024
Companies
Zimre Holdings to List Emeritus International on Botswana Stock Exchange After a Mega Profit Jump in 2024

Zimre Holdings Limited (ZHL) plans to list its reinsurance subsidiary, Emeritus International, on the Botswana Stock Exchange (BSE) in 2025, marking a pivotal step in its pan-African growth strategy.

Apr 16, 2025
Zambia
Zambia Re Grows Business by 11%, Kwacha Took Back Most Gains

Zambia Reinsurance has seen an 11% growth in reinsurance revenue to 155.7 million in 2025 according to the full year financials despite net profit falling by 73%. The company executed its core busine

Mar 17, 2026
Zambia
Klapton Re Delivers Record Underwriting Performance as Insurance Service Result Surges 81% to ZMW 668 Million on Elite 78% Combined Ratio

Klapton Reinsurance has posted its strongest operational results since inception, with the insurance service result, the clearest measure of core reinsurance profitability under IFRS 17, surging 80.8

Apr 08, 2026
World
Klapton Reinsurance Plc: Africa's Global Underwriter Takes Its Seat on the Lusaka Exchange

Klapton Reinsurance Plc completed a direct listing on the Lusaka Securities Exchange on 24 March 2026, offering up to 25 percent of its issued share capital comprising 2,821,875,000 ordinary shares a

Apr 14, 2026
Companies
The Great Africa Trek Pays Off: Regional Footprint Sprints Zimre to a Historic 142% Profit Surge

Zimre Holdings Limited has reported a 142% increase in profit for the first quarter ended 31 March 2026, rising from US$1.70 million to US$4.12 million, driven by strong top-line performance across al

May 18, 2026

Top Stories

ZWG Payments for Government Contracts: Masimba Flags Cautious Outlook

Masimba Holdings Limited has reported revenue of USD 8.8 million for the first quarter ended 31 March 2026, a 13% increase from the comparable period of 2025, and profit after tax of USD 453,000, a 12

5 hours ago

Green Gold: Zimbabwe’s Avocado Exports Open at Six-Year High

Zimbabwe has exported USD 847,129 worth of fresh avocados in April 2026, the highest April opening value in over six-year trade dataset covering January 2021 through April 2026, and the second-highest

6 hours ago

Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy

Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil

6 hours ago

Mining Capex Boom: Machinery Imports Reveal Zimbabwe’s Industrial Buildout

When one reads Zimbabwe's April 2026 merchandise trade data at the headline level, its a story of a widening deficit, declining gold revenues, and compressed tobacco prices. However, when read at the

1 day ago

Government Moves to Reshape Water Delivery as Reform Targets Quality, Accountability

Cabinet has approved two separate pieces of water sector legislation at its seventeenth meeting, the principles of the Water Act Amendment Bill and the Zimbabwe National Water Authority Amendment Bill

1 day ago

ZSE Loses One of Its Remaining Pure Property Counters With 100% Shareholder Approval

First Mutual Properties Limited, one of the only purely property-focused listed entity on the Zimbabwe Stock Exchange, has voted itself off the exchange. At an Extraordinary General Meeting held on T

1 day ago

Final Checkout: Meikles Moves to Sell Last Premium Hotel Stake

Meikles Limited, one of Zimbabwe's oldest listed conglomerates, is in discussions to sell its remaining interest in hospitality operations, according to the latest cautionary circular. The asset in q

1 day ago

Selling More, Earning Less: What the Numbers Reveal from Nampak Zimbabwe’s 1HY2026 Results

Nampak Zimbabwe Limited, the country’s largest packaging firm has reported revenue of USD 41.7 million for the six months ended 31 March 2026, a 10% increase from USD 38 million in the comparable peri

Jun 03, 2026