Capital raise buoys FM Reinsurance

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FIRST Mutual Reinsurance (FMR) says its parent company First Mutual Reinsurance Proprietary has availed over BWP21 million this year to support operations, as well as to provide underwriting security in a bid to improve underwriting capacity. In a statement accompanying full year to December 31, 2021 financial results, FMR chairman Oliver Mtasa said the company…