FMHL misses out on regional business

FIRST Mutual Holdings Limited (FMHL) says the country’s foreign currency shortages have seen its reinsurance business fail to underwrite regional business. This comes as the country’s foreign currency shortages, caused by a persistent trade deficit, are threatening the viability of businesses from various sectors in the ailing economy. “First Mutual Reinsurance Company continued to face…

Subscribe to read full article. Subscribe today

Related posts

Sugar special tax milks US$2,3m off Dairibord

ZBFH earnings up on non-funded income

NBS assets surge 25 percent. . pays US$420k dividend to NSSA

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More