Ipec working to ensure prescribed assets status is given to value preserving assets

Ipec working to ensure prescribed assets status is given to value preserving assets

Staff writer

HARARE, The Insurance and Pension Commission (Ipec) says its working with government to ensure prescribed assets status is given to value preserving assets, Insurance 24 can report.

Zimbabwe’s present inflationary environment has increased the risks associated PA investments, particularly in as

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FBC Insurance units in hyperinflation induced losses

FBC Insurance units in hyperinflation induced losses

Staff Writer.

HARARE, Zimbabwe’s unrelenting hyperinflationary environment has hit hard FBC Insurance and Reinsurance units with both recording losses in the year ended December 31 2019 although its full impact on traditional business was reduced by the in-house investments strategies that increased investment income.

FBC insurance recorded an

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