Paul Nyakazeya, Group Digital Editor 
8
FMHL said growth was also driven by the health insurance business and the property and casualty segments, whose GWP grew by nine percent and 19 percent respectively.
Advertisements
FIRST Mutual Holdings Limited (FMHL)’s gross premium written (GPW) rose seven percent during the year to December 31, 2017 to $124,9 million, from $116,4 million realised the previous year.
The increase was due to a renounceable rights offer to raise $17,25 million and consolidation of NicozDiamond Insurance during the period under review, after shareholders approved the acquisition of the entire issued share capital of the short-term insurer.
