Financial Services
Across the industry, “price undercutting is common,” and this has weakened profitability for many life insurers.
After three years of going down, BIHL’s value of new business is finally on the way up again. This, according to the company’s management, “goes well for future profitability,” since new business today means profits that can be unlocked for shareholders in years to come.
The group said it has implemented pricing in some of the schemes that are underperforming and continues to ensure that each and every scheme becomes profitable and sustainable on its own.
Botswana’s recent shortage of chronic medication in some parts of the country is more than a health story. It has real implications for Botswana Insurance Holdings Limited (BIHL), and by extension investors.
Investors in Botswana Insurance Holding Limited (BIHL) are keeping a close eye on how Botswana’s tight cash environment is affecting its key clients, businesses, and households.
At the result presentation for the first half of 2025, BIHL CEO Catherine Lesetedi openly told analysts and shareholders that “we have seen some of our clients come forward to say that this month we should expect delayed premiums”.
Latest News
Across the industry, “price undercutting is common,” and this has weakened profitability for many life insurers.
After three years of going down, BIHL’s value of new business is finally on the way up again. This, according to the company’s management, “goes well for future profitability,” since new business today means profits that can be unlocked for shareholders in years to come.
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