Staff Writer
Zimbabwe’s life assurance industry is increasingly shifting away from traditional long-term insurance products towards predominantly renewable annual policies, prompting the Insurance and Pensions Commission (Ipec) to urge strict compliance with regulatory requirements, particularly the Funeral Directive.
According to Ipec’s life assurance sector report for the third quarter
Staff Writer
HARARE: Zimbabwe’s short-term insurance industry finds itself at a strategic variation, with the sector in 2025 demonstrating resilience, driven by a buoyant foreign-currency-denominated premium pool, a reformed regulatory landscape and expanding policy volumes.
But mounting complaints about service delivery and the policy debate around a Road Accident Fund (RAF) highlight the challenges