August 12, 2020 – Insurance24

12Aug

Pension funds invests in US$8 mln hotel construction

12 Aug 2020 Insurance24

Pension funds invests in US$8 mln hotel construction

Staff Reporter

HARARE, Local pension funds have funded the development of an USD8 million luxurious hotel in Victoria Falls, over and above an initial injection of feasibility funding, provided by an international investor as part of the National Tourism Recovery and Growth Strategy.

The Mbano Manor Hotel Victoria Falls which was officially opened

12Aug

funeral assures shun reinsurance

12 Aug 2020 Insurance24

Covid 19 – Funeral assurers considering reinsurance strategies?

Dorcas Chigodho

HARARE, As late as 2015, about 90% of funeral assurers in Zimbabwe did not have reinsurance as a risk management tool and to date the figure has shot to 100%.

With the Covid-19 pandemic weighing down on assurers, the risk position of funeral assurers is set to worsen.