Maputo, 17 December 2025 — Hollard Seguros Moçambique has reported a robust financial performance for the year ended 30 June 2025, consolidating its position as one of the country’s leading insurance providers, despite a challenging macroeconomic environment.
The insurer said the year’s results were bolstered by the acquisition of Global Alliance Seguros, SA, a move that underlined Hollard’s long-term growth strategy in the Mozambican insurance market. The integration of Global Alliance expanded the group’s market footprint, operational capacity and customer reach, contributing to a broader and more competitive product portfolio.
Hollard Seguros recorded a net profit of 297.4 million meticais, while Hollard Vida contributed a further 54.5 million meticais, bringing total net profit for the Hollard Moçambique group to 351.9 million meticais. The performance reflected strong operational fundamentals, disciplined underwriting and sustained market expansion.
The company noted that the financial year was marked by reduced interest rates and higher mandatory reserve requirements imposed by the central bank, which constrained lending activity and weighed on credit life and mortgage-related insurance products. These conditions also placed pressure on investment income across the sector. Even so, Hollard Seguros said its solid capital base and diversified operations ensured stable overall results.
Gross written premiums at Hollard Seguros rose by 15% year on year to 4.8 billion meticais, driven by portfolio growth, enhanced distribution channels and the strategic addition of clients and capabilities through the Global Alliance acquisition. By contrast, Hollard Vida reported gross written premiums of 590.9 million meticais, representing a 1% annual decline.
Capital strength remained well above regulatory thresholds, with solvency ratios of 327% for Hollard Seguros and 299% for Hollard Vida, pointing to strong capital adequacy. Underwriting results were also positive, with Hollard Seguros posting 21.3 million meticais and Hollard Vida 20.8 million meticais. The combined ratios stood at 98% and 89%, respectively, underscoring disciplined risk management and cost control.
Henri Mittermayer, chief executive of Hollard Moçambique, said the acquisition of Global Alliance had already begun to deliver tangible benefits. “The transaction has not only expanded our market presence but has also strengthened our operational capabilities across the country,” he said. “Our 2025 results show that this strategic move is creating value and enhancing our ability to serve customers and compete at the highest level.”
Mittermayer added that the group’s resilience during the year reflected the strength of its workforce, systems and partnerships. “Despite economic pressures, we have maintained strong underwriting performance and premium growth,” he said, reaffirming the company’s commitment to providing world-class insurance solutions tailored to the evolving needs of the Mozambican market.
Looking ahead, Hollard Seguros Moçambique plans to continue investing in innovation, customer-focused product development and improved service delivery across its expanding network. The company also intends to deepen the integration of Global Alliance Seguros to maximise value for customers, partners and shareholders.
With a solid financial base, a strengthened market position and a clear strategic direction, Hollard Seguros Moçambique says it is well positioned to sustain growth and reinforce its leadership in Mozambique’s developing insurance industry.
