Zimbabwe: ZIMRE's-Mozambique Business Booming

9 January 2008

Harare — ZIMRE'S Mozambican subsidiary has so far written business worth over US$500 000 in the six months since it began operations.

Managing director in charge of reinsurance operations Mr Leo Huvaya said the group expected Zimre Mozambique to hit US$2 million before the end of the year, adding that the branch had been a "big hit" since it was the first reinsurance in the country.

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