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Fidelity Life Assurance Of Zimbabwe Limited (Zimbabwe)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Funds, Trusts, and Other Financial Vehicles
Full name: Fidelity Life Assurance Of Zimbabwe Limited Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Fidelity Life Assurance of Zimbabwe Limited is a holding company based in Harare, Zimbabwe. It offers a range of products and services in the life assurance industry, including employee benefits, medical insurance, funeral services, and pension fund administration. In addition to these offerings, the company also provides financial services such as asset management, microfinance, actuarial services, and residential property development. Fidelity Life Assurance operates service offices in various locations across Zimbabwe and Malawi.

Headquarters
7Th Floor, Fidelity House, 66 Julius Nyerere Way
Harare; Harare;

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Website: http://www.fidelitylife.co.zw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1977
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Managing Director
Ownership Details
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66.95%
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22.93%
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4.51%
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1.32%
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1.24%
Subsidiaries
Fidelity Life Financial Services (Private) Limited
100%
Zimbabwe Actuarial Consultants (Private) Limited
100%
Langford Estates (Private) Limited
81%
Company Performance
Financial values in the chart are available after Fidelity Life Assurance Of Zimbabwe Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
281.96%
Operating profit (EBIT)
20.61%
Net Profit (Loss) for the Period
48.82%
Total assets
-8.34%
Investments
-28.56%
Receivables
-40.72%
Total equity
1.14%
Net Premiums Earned Trend
-0.03%
Net Profit Trend
-0.07%
Return on Equity (ROE)
28.79%
Loss Ratio
0.01%
Underwriting Expenses Ratio
208.95%

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