2026 Half Year Results
2026 Half Year Results
The standout drivers of our half-year performance were gains from our investments and property portfolios. Net investment return surged by 568% to $13.7 million, reflecting favourable movements in the equities markets and higher yields on fixed-income securities. Fair value gains on investment property increased by 1,257% to $13.8 million resulting in a total investment property value of $150 million, driven by significant revaluations gains in the portfolio.
Latest Investor Announcements
Stay informed with the most recent updates and key information
Why invest in First Mutual Holdings limited?
A Future-Fit Financial Services Group Anchored in Resilience and Growth
First Mutual Holdings Limited is a regionally diversified financial services group offering exposure to high-growth sectors including insurance, reinsurance, property, microfinance and wealth management. With a strong presence in Zimbabwe and expanding operations in Southern Africa, FMHL combines innovation, ESG leadership and sound governance to deliver long-term value for shareholders. Our integrated model balances risk and opportunity, and positions the Group to thrive in evolving economic and regulatory landscapes.
2026 Half Year Results
Douglas Hoto, Group Chief Executive Officer
Our future direction is shaped by a relentless focus on understanding customer expectations and adapting our product suite to meet emerging demands. This customer-first philosophy, reinforced by robust financial strength and an expanding regional presence, drives our capacity for sustainable value creation.

Performance Highlights
2026 Half Year Results
The standout drivers of our half-year performance were gains from our investments and property portfolios. Net investment return surged by 568% to $13.7 million, reflecting favourable movements in the equities markets and higher yields on fixed-income securities. Fair value gains on investment property increased by 1,257% to $13.8 million resulting in a total investment property value of $150 million, driven by significant revaluations gains in the portfolio.
Insurance Contract Revenue (US$)
92.8 million
HY2025: 87.7 million
6%
Profit After Tax (US$)
19.8 million
HY2025: 6.2 million
222%
Total Assets (US$)
306 million
HY2025: 280.8 million
9%

