First Mutual Reinsurance (Life & Health)

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DATE OF CREATION: 2006, Zimbabwe
CLASS OF BUSINESS: Life and health
MAIN UNDERWRITING ZONE: Africa

First Mutual Reinsurance (Life & Health): contact

Address:12th Floor, Pearl House, Samora Machel Avenue, P.O. Box CY 2744,
Causeway, Harare, Zimbabwe
Tel: : +263 04 774478/9
Email: info [at] firstmutual [dot] co [dot] zw
Website: www.firstmutual.co.zw

First Mutual Reinsurance (Life & Health): main indicators

in thousands USD
 20202021
Turnover176346
Shareholder’s equity6131 549
Net resultNA1 084

NA: Not available

First Mutual Reinsurance (Life & Health): capital and shareholding

ShareholderIn %
First Mutual Holdings100%
Share capital (1)21 000 USD

(1) Including share premium

First Mutual Reinsurance (Life & Health): management

Oliver MtasaGroup chairman of the board
Douglas HotoGroup managing director
Bongai MuhauManaging director
Isaac ZinhangaOperations executive
Mativenga ChihwengaFinance executive
Chipo ChigavanyikaTechnical accountant

Exchange rate as at 31/12/2020 : 1 ZWL = 0.01223 USD ; 31/12/2021 : 1 ZWL = 0.00920 USD
Source: Insurance & Pensions Commission (IPEC) and First Mutual Reinsurance

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