Old Mutual Insurance’s financial strength upgraded
Staff Writer
Old Mutual Insurance Company (OMICO) financial strength rating has been upgraded to an AA, symbolizing its ability to pay claims and maintain a strong market position, Insurance 24 reports.
In a statement, OMICO said the rating symbolised the strength in its financial profile and ability to pay claims and strong market position
Government urges pensions industry to increase uptake of prescribed assets
Staff Writer
Harare, Government says it is keen to see the pension’s industry redirect resources that deepen the financial services sector as it urged the sector to increase uptake in prescribed assets.
The insurance and pensions industry has been saddled by investing in prescribed assets pushing to the fore the narrative