Search results for 'Insurance'
Zimbabwe
Old Mutual Zimbabwe Costs Group R1.5 Billion in Earnings as Currency Transition Bites
Old Mutual excludes Zimbabwe from the key performance indicators it uses to manage the group, citing barriers to accessing capital through dividends. This means that the group's reported return on net
Mar 17, 2026
Zambia
Klapton Reinsurance Targets Regional Expansion as Direct Listing Anchors Capital Market Entry
A structured dataset tracking gross written premiums, geographic exposure, and capital adequacy would provide further insight into how effectively the company is scaling its operations across markets.
Mar 24, 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
Companies
Zimre Holdings Delivers Transformational Turnaround on Elite Underwriting Discipline and Investment Gains
Zimre Holdings Limited (ZHL) has recorded its strongest performance since the IFRS 17 transition, posting a 196% increase in profit for the year to USD16.70 million for the twelve months ended 31 Dece
Apr 09, 2026
Companies
First Mutual Holdings Swings From $26m Loss to a $14m Profit: Property Revaluation Did Most Work
First Mutual Holdings, Zimbabwe's largest listed insurer, has posted a profit after tax of $14.3 million for the year ended 31 December 2025, against a loss of $26.3 million in 2024. The rehabilitati
Apr 13, 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
Zimbabwe
Is Zimbabwe’s Insurance Sector Missing the Market That Now Defines the Economy?
Zimbabwe's insurance penetration rate stands at approximately 2%, below the Sub-Saharan Africa average of 2.8% and less than a third of the global average of 6%. This figure was cited in the 2024 annu
Apr 27, 2026
Companies
First Mutual's Profit More Than Doubles as Malawi and Funeral Services Scale
First Mutual Holdings Limited has reported profit growth of more than 100% for the first quarter ended 31 March 2026, rising from US$1.38 million to US$2.95 million, driven by insurance contract reven
May 18, 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
Zimbabwe Declares Its Minerals Strategic: Critical Minerals Policy Rewrites Ownership Rules
On 22 May 2026, Zimbabwe formally published its Mineral Classification and Declaration, designating lithium, platinum group metals, cobalt, nickel, graphite, copper, rare earths, and chrome as Critica
May 23, 2026
