FIDELITY Life Assurance of Zimbabwe is broadening its product portfolio to reduce reliance on its Vaka Yako plan, as elevated claims contributed to a sharp decline in half-year earnings. The Vaka Yako product, which is linked to residential stand development, has become a dominant contributor to the insurer’s business, exposing the group to concentration risk.… Subscribe to read full article. Subscribe today The post Fidelity Life diversifies as profits slide appeared first on The Financial Gazette.

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