Insurance companies in Zimbabwe: 2022 ranking

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Non-life insurance companies in Zimbabwe: 2022 ranking

Figures in thousands

 2022 turnover2021 turnover2021-2022 evolution (1)2022 shares
ZWLUSDZWLUSD
Zimnat Lion17 449 05025 9993 329 87430 635424.02%10.60%
Nicoz Diamond15 407 66522 9573 281 96330 194369.46%9.36%
Old Mutual14 018 40720 8872 878 70026 484386.97%8.51%
Alliance13 494 19220 1061 643 60715 121721.01%8.20%
Cell13 380 33119 9372 539 87723 367426.81%8.13%
Champions5 253 2747 827593 1965 457785.59%3.19%
Econet4 709 9967 018760 0386 992519.71%2.86%
FBC4 372 9816 516796 2387 325449.21%2.66%
Clarion4 058 0456 047920 9708 473340.63%2.46%
CBZ3 110 3514 634899 9998 280245.59%1.89%
Hamilton1 993 2442 970253 2952 330686.93%1.21%
ECGC1 957 4542 917333 8933 072486.25%1.19%
Sanctuary1 058 3571 577145 3081 337628.35%0.64%
Quality928 2031 383180 4001 660414.52%0.56%
Credsure853 0591 271---0.52%
Allied495 73373984 723779485.12%0.30%
Evolution470 418701162 7801 498188.99%0.29%
Empaya335 534500---0.20%
AFC298 712445---0.18%
Safel223 517333191 7201 76416.59%0.14%
Credit Insurance--194 8461 793--
Total non-life103 868 523154 76419 191 427176 561441.22%63.09%

(1) Growth rate in local currency

Life insurance companies in Zimbabwe: 2022 ranking

Figures in thousands

 2022 turnover2021 turnover2021-2022 evolution (1)2022 shares
ZWLUSDZWLUSD
Nyaradzo Life27 802 02441 4258 685 99679 911220.08%16.89%
Doves Life8 094 46712 0612 428 52622 342233.31%4.92%
Econet Life5 359 5197 9861 319 77112 142306.09%3.26%
Old Mutual Life4 862 4107 2451 092 27610 049345.16%2.95%
Zimnat Life3 665 5495 462739 1736 800395.90%2.23%
Fidelity Life2 756 1184 107405 0183 726580.49%1.67%
First Mutual Life2 384 1673 552843 1527 757182.77%1.45%
ZB Life2 201 7363 281483 5944 449355.29%1.34%
Nhaka Life1 939 8662 89096 3638871913.08%1.18%
CBZ Life1 456 6502 170372 1353 424291.43%0.88%
Evolution Life235 59335130 742283666.36%0.14%
Total vie60 758 09990 53016 496 746151 770268.30%36.91%

(1) Growth rate in local currency
Exchange rate on 31/12/2022: 1 ZWL = 0.00149 USD; as of 31/12/2021: 1 ZWL = 0.0092 USD

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