
FMHL financial results presentation for the year ended 31 December 2021
Consolidated GPW growth ahead of inflation
- Real growth by NicozDiamond, First Mutual Health and First Mutual Life.
- Growth in USD denominated business
Mixed cost performance amongst the Group’s SBUs
- Lower claims ratios for the short term insurance businesses owing to COVID-19 related incidence reductions arising from lockdowns, curfews and restricted movement.
- Property and Life business expenses grew due to cost push alternative exchange rate related costs and higher claims respectively for the two SBUs during the year.
- Higher health services claims as the absorbed part of increases in health service costs for the benefit of clients.
Above inflation growth in investment income and lower foreign currency denominated gains
- Underpinned by increased listed equity values.
- Lower relative official exchange rate currency volatility.
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Recent Documents & News
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AGM, Corporate announcement
FMHL | Notice to Shareholders – Postponement of Annual General Meeting – December 6, 2022 -
Corporate announcement, Earnings
FMHL – Trading Update Q3 2022 for the period ended 30 September 2022 – November 15, 2022 -
Interim Reports
First Mutual Holdings Limited (FMHL.zw) Q32022 Interim Report – November 15, 2022 -
Corporate announcement, Dividends
FMHL – Dividend Declaration Notice – October 21, 2022 -
Corporate announcement, Earnings
First Mutual Holdings Preliminary Report – Unaudited Financial Results for the Half Year ended 30 June 2022 – September 20, 2022