Insurance
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SUNU Assurances Nigeria Plc reports a Gross Written Premium of ₦13.03 billion for the year ended 31 December 2024, reflecting a 59.6% increase year-on-year and exceeding the budget by 28.3%. Net Premium Income rose by 70%, with Profit Before Tax at ₦4.1 billion and Profit After Tax at ₦3.59 billion, […]
Document type: Annual Reports
Published: May 21, 2025
Year: 2024
Period:
Insurance | Nigeria
ZimRe Holdings Limited reported its 2024 annual results with notable financial performance. Insurance contract revenue reached USD 61.86 million, a 24% increase from 2023. Total income rose to USD 88.02 million, growing 25% year-on-year. Profit for the year surged to USD 10.33 million, reflecting a 471% rise. Total assets increased […]
Document type: Annual Reports
Published: Apr 10, 2025
Year: 2024
Period:
Insurance | Zimbabwe
The Group has more than a hundred years of serving Zimbabwe by provision of economic dignity though its strategic business units. We have diverse interests in life assurance, health insurance, short term insurance; short term re-insurance; long term re-insurance; wealth management, property sector, funeral services and microfinance housed under the […]
Insurance | Zimbabwe
STACO INSURANCE PLC reports total assets of ₦8,758,671,000 as of 30 June 2019, down from ₦8,880,485,000 at December 2018. Total liabilities decreased to ₦6,732,015,000 from ₦6,676,624,000. Shareholders’ funds declined to ₦2,026,656,000 from ₦2,203,861,000. Gross premium written was ₦1,749,428,000 compared to ₦2,764,917,000 in the prior year. Net premium earned fell to […]
Document type: Interim Reports
Published: Jul 24, 2019
Year: 2019
Period: HY
Insurance | Nigeria
Jul 16, 2025 –
MESSAGE FROM THE CHAIRPERSON ECONOMIC OVERVIEW The business environment in 2024 was characterised by subdued growth owing to the impact of the El Niño-induced drought. There were currency and exchange rate reforms following a significant loss in value of the local currency as well as attendant high inflation. GDP is […]
Corporate announcement, Earnings | Zimbabwe
Jul 16, 2025 –
Group Chief Executive’s Review of Operations For the year ended 31 December 2023 the country registered GDP growth of 5.5%. This was achieved under volatile macroeconomic conditions, with the local currency depreciation for the greater part of the year. The increasing use of the USD dollar was a critical mitigating […]
Corporate announcement, Earnings | Zimbabwe
Jul 16, 2025 –
Group Chief Executive Officer’s Review of Operations The year under review consisted of quarters of relative stability intermingled with volatility, including significant depreciation of the local currency, high inflation and increasing use of the USD for transacting purposes. During the second quarter of 2022 the Government implemented policy interventions to […]
Corporate announcement, Earnings | Zimbabwe
Jul 16, 2025 –
GCEO REVIEW OF OPERATIONS During the year ended 31 December 2021 there was a gradual relaxation of lockdown measures associated with the COVID-19 pandemic as measures to mitigate the impact of the pandemic, particularly vaccination roll out programs, yielded positive results. The easing of COVID-19 restrictions facilitated the recovery of […]
Corporate announcement, Earnings | Zimbabwe
First Mutual Holdings Limited reported a total gross premium written of ZWL 14,351,063,000 for the year ended 31 December 2021, marking a 50% increase in inflation-adjusted terms. Net premium earned was ZWL 10,950,373,000, with net investment income reaching ZWL 2,509,904,000, a 350% increase. Profit before income tax was ZWL 4,746,038,000, […]
Document type: Annual Reports
Published: Jul 16, 2025
Year: 2021
Period:
Insurance | Zimbabwe
First Mutual Holdings Limited reported a gross premium written of ZWL76.6 billion, reflecting a 55% increase year-on-year for the year ended 31 December 2022. Net premium earned was ZWL59.4 billion and rental income increased to ZWL2.7 billion, a growth of 32%. Profit before income tax rose significantly to ZWL27.9 billion, […]
Document type: Annual Reports
Published: Jul 16, 2025
Year: 2022
Period:
Insurance | Zimbabwe
First Mutual Holdings Limited reported significant financial growth for the year ended December 31, 2023, highlighting key metrics as follows: Insurance Contract Revenue increased by 172% to $1.1 trillion, Rental Income grew by 199% to $39.1 billion, and Profit Before Tax reached $353 billion, a 214% increase. Profit After Tax […]
Document type: Annual Reports
Published: Jul 16, 2025
Year: 2023
Period:
Insurance | Zimbabwe
First Mutual Holdings Limited reported insurance revenue of US$156.2 million for the year ended 31 December 2024, a decrease from US$183.4 million in 2023. The company experienced a net investment loss of US$48.8 million, contrasting with a profit of US$102 million in the previous year. Profit before tax was a […]
Document type: Annual Reports
Published: Jul 16, 2025
Year: 2024
Period:
Insurance | Zimbabwe
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