ECGCZ tightens its underwriting process

Despite these challenges experienced in the 2024/25 season and a difficult first quarter of 2025, the business unit posted revenue that was 54 percent above the same period last year.

THE Export Credit Guarantee Corporation of Zimbabwe (ECGCZ) is reviewing its underwriting processes to minimize risks of losses.In the year ended December 31, 2024, the insurer posted a ZiG3 million loss which was largely due to claims lodged in the financial guarantees.“The corporation has tightened the underwriting process to curtail the loss experience and these…

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