NICOZDiamond Insurance Limited (Aug 2022)

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Filename NicozDiamond-Company-Limited-Credit-Rating-Report-2022.pdf
Filesize 221 KB
Version paid report
Date added Aug 11, 2022
Category Credit Rating Reports, Insurance
Tags Zimbabwe

NICOZDiamond Insurance Limited (“NICOZDiamond”) is a 100% owned subsidiary of First Mutual Holdings Limited (“FMHL”), listed on the ZSE. NICOZDiamond emanated from the merger of previously state-owned NICOZ Insurance Company and Diamond Insurance (formerly Pearl), in 2002 and it also merged with Tristar insurance in 2019. The group mainly comprises the wholly owned Zimbabwean insurance operation, complemented by regional interests in Malawi and Mozambique. The rating is at NICOZDiamond group level.