October 29, 2018 – Insurance24

29Oct

Construction Industry Pension Fund records $3,2 mln surplus in 2017

29 Oct 2018 Insurance24

Construction Industry Pension Fund records $3,2 mln surplus in 2017

HARARE, Construction Industry Pension Fund which recorded a surplus of $3,2 mln in 2017, says will increase pensions payouts backdated 1 January 2018 by 10% while declaring interest of 9% p.a. and a bonus of 4% for 2017.
According to a recent actuarial valuation for the fund prepared by Pentact Private limited for the year

29Oct

Insurtech ‘is a long-term bet’

29 Oct 2018 Insurance24

Insurtech ‘is a long-term bet’

HARARE, The impact of insurtech on the reinsuran industry could be limited in the short term—but that does not mean that investments made now will not bear fruit in the future, Jean-Paul Conoscente, chief executive officer of P&C’s US operation and P&C’s reinsurance business unit, SCOR, told PCI Today.

He stressed that SCOR has been very active in the