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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@firstmutual.co.zw |
| Website: www.firstmutual.co.zw |
First Mutual Reinsurance (Life & Health): main indicators
in thousands USD| 2021 | 2022 | |
| Turnover | 346 | 235 |
| Shareholder’s equity | 1 549 | 623 |
| Net result | 1 084 | 373 |
| ROE(1) | 69.98% | 59.87% |
(1) Net result/Shareholder’s equity
First Mutual Reinsurance (Life & Health): management
| Oliver Mtasa | Group chairman of the board |
| Douglas Hoto | Group managing director |
| Bongai Muhau | Managing director |
Exchange rate at 31/12/2021 : 1 ZWL = 0.00920 USD ; as at 31/12/2022 : 1 ZWL = 0.00149 USD
Source: Insurance & Pensions Commission (IPEC) and First Mutual Reinsurance
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