Zimbabwe: (Re)insurance group posts nearly 40% climb in net profits for 1H2025

The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report.Verisk attributed the decline in claim volume to non-CAT claims, which dropped 16.8%. CAT claims, by contrast, remained steady, rising only 0.76% from 2024