April 16, 2018 – Insurance24

16Apr

Only three counters trade on Monday as Govt gazettes pension and health scheme for informal sector

16 Apr 2018 Insurance24

Only three counters trade on Monday as Govt gazettes pension and health scheme for informal sector

By Insurance24

HARARE, Insurer, Old Mutual was among the only three counters that traded on Monday as the week opened on a low note with turnover at $550,535. Other insurers, ZHL, Fidelity Life Assurance, FMHL and Nicozdiamond witnessed no activity with rest of the market.

Apart from Old Mutual, activity

16Apr

Investment banks line-up to dismantle insurer’s global empire…..Home insurance companies are overcharging 13 million households, finds research

16 Apr 2018 Insurance24

Investment banks line-up to dismantle insurer’s global empire

Compiled by Insurance24

HARARE, Investment banks are lining up to manage potential divestments by Anbang Insurance Group Co., the once-acquisitive Chinese insurer that snapped up assets around the world before being seized by the government.

Officials from Anbang and the Chinese banking and insurance regulator are interviewing advisers