Financial services group ZimRe Holdings is accelerating its regional expansion strategy, targeting broader African markets on the back of stronger cash flows and a firmer balance sheet.
ZHL said reinsurance and wealth management would anchor its next phase of growth, with management identifying opportunities in southern Africa and building a presence in West Africa, including Cote d’Ivoire, reported The Zimbabwe Independent.
Chairman Desmond Matete said the next stage of the group’s evolution would be driven by deliberate expansion into continental Africa, with reinsurance at the centre of the strategy.
“The reinsurance cluster will be the cornerstone of this endeavour as it provides both scale and depth in support of the group’s broader business interests, namely, property, infrastructure and wealth management,” he said in the group's 2025 financial statements.
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