Insurers end week on low note. Turnover at $2.05 mln as Government mulls state enterprises listings
By Insurance24
HARARE, Old Mutual was the only insurer to trade on Friday where market turnover stood at $2.05 mln off 97 trades. Trades of note were recorded in Afdis, Econet and Old Mutual. Other insurers, ZHL, Fidelity, FMHL and Nicoz closed the week with no activity.
As government forges ahead with
Allied Insurance set for privatization: Finance Minister
By insurance24
HARARE, Allied Insurance is among state enterprises and parastatals that government has set for privatization as part of the wide-ranging parastatal reform agenda which also include liquidations and mergers.
Finance and Economic Development Minister Patrick Chinamasa at a press conference said that the Industrial Development Corporation
Reinsurance CEOs confident they can fend off insurtech threat
Compiled by Insurance24
HARARE, CEOs of major reinsurance firms believe that while the digitalisation of insurance and the current technology wave is something they have to embrace, they can successfully fend off the threat from digital-only InsurTech start-ups.
Time for changeInsurance and reinsurance is an industry that has been besieged