Market weakness persist in mid week trading, Only Old Mutual trade for insurers
Insurance24: Insurance Monitor
HARARE, The market weakness persisted in mid-week trading led by a 10.0% drop in Old Mutual despite a decent traded volume of 50,669 shares. On this day, all other insurance companies Fidelity, First Mutual Holdings Limited, Nicozdiamond and ZHL did not trade.
The market is still pessimistic
Insurance: lessons to learn from banking
Insurance24
HARARE, The insurance industry can learn lessons from the successes and failures of the banking sector and the challenges it has faced with the rise of technology, an expert has said.
Banking has encountered much of the disruption that is currently at play in the insurance industry with many new competitors rising in different areas of the industry
NMB Bancassurance unit registers strong growth since inception: CEO
Insurance24
HARARE, NMB Bank,s Bancassurance unit launched in 2013, has according to Chief Executive Officer Ben Washaya seen strong growth over the years also buoyed by a suite of life assurance products introduced in 2017.
The bank launched a Bancassurance unit in 2013, predominantly selling short term insurance products underwritten