Old Mutual acquires Marsh Zimbabwe

FINANCIAL services giant Old Mutual Zimbabwe (OMZ) has fully acquired Marsh Zimbabwe (Marsh) — an insurance and reinsurance broker business — as the firm expands horizontally, NewsDay Business can report.

OMZ is a Zimbabwe-registered company with various subsidiaries operating in the financial services sector and related markets.

It has short-term and life insurance, asset management, stock broking, funeral, and banking services subsidiaries.

This story is for NewsDay subscribers.