BIHL swoops on targets as expansion drive heats up

It is also revisiting an insurance target it once courted in the region and spreading out into the pension fund and medical aid administration sector.

With financial assets of P14 billion in hand and pretax profits of P537.1 million for 2019, BIHL is amongst the country’s most robust groups, boasting wholly owned subsidiaries such as Botswana Life and Bifm. BIHL also holds 28.1% in pan-African microlender, Letshego Holdings, 37% in Funeral Services Group, amongst equity investments that stretch offshore.