Capital raise buoys FM Reinsurance

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…

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