Insurance market maintains US dollar preference: First Mutual
First Mutual Holdings says customers continue favouring United States dollar-denominated insurance products to secure higher payouts at claim stage, prompting the financial services group to maintain a dual-currency approach across its businesses.
Shifting real estate dynamics lift First Mutual Properties
First Mutual Properties Limited (FM Properties) has returned to profitability, buoyed by increased dollarisation of rental income which improved cash flow predictability and portfolio valuations.