ZHL combines reinsurance units in Botswana

ZIMRE Holdings Limited (ZHL) has combined its two Botswana reinsurance businesses after changes to the law enabled it to underwrite domestic business.

The two units, Emeritus Reinsurance Botswana and Emeritus Reinsurance International, have been combined under the flagship of EmeritusRe International.

This comes as recent changes in law now allow International Financial Condition Standard (IFCS) businesses to underwrite domestic business.

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