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| Filename | 2023_03-Emeritus-Re-Zimbabwe.pdf |
| Filesize | 226.48 KB |
| Version | paid report |
| Date added | March 14, 2023 |
| Downloaded | 1 time |
| Category | Credit Rating Reports, Insurance |
| Tags | Zimbabwe |
Emeritus Re is a sub-group which houses all the reinsurance subsidiaries of the ZHL group. These encompass subsidiaries in Botswana, Mozambique, Malawi and Zambia. ZHL owns other subsidiaries in Zimbabwe (Fidelity Life Assurance Limited, Credit Insurance Zimbabwe Limited, Zimbabwe Property Investments Limited (“ZPI”) and ZIMRE Capital (Private) Limited, an investment banking arm) and an associate investment in CFI Holdings Limited. Also important for the group’s risk uptake is the investment in Cell Insurance Company Limited and Guardian Reinsurance Brokers Limited. In the region, the group has an associate investment in Malawi (UGI Insurance Limited) and notable unlisted investments in Mozambique (Diamond Comphnia de-Seguros) and Eswatini (Lidwala Insurance Company). The largest unlisted investment is in PTA Reinsurance Company, valued at c. USD3.4m at FY21.