HIGHLIGHTS: Short-term insurance sector for the nine months ended 30 September 2020

HIGHLIGHTS: Short-term insurance sector for the nine months ended 30 September 2020

Staff Writer

HARARE, Total Gross Premium Written (GPW) by short-term insurers for the Zimbabwe dollar denominated business amounted to ZWL4.63 billion, reflecting an increase of 634.94% from ZWL629.97 million reported for the comparative period in 2019.

The total business written by reinsurers increased by 599.23%

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Four insurance brokers’ licenses cancelled

Four insurance brokers’ licenses cancelled

Staff writer

HARARE, Insurance and Pensions Commission (Ipec) has cancelled registration certificates for four insurance broking companies on the basis of lack of compliance to Ipec requirements.

The companies are Ambassador Insurance Brokers, Auto and General Insurance Brokers, Hostcare Insurance Brokers, and Revival Insurance Brokers.

In a statement, Ipec

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