Reimagining insurance from the outside in
HARARE, In the wake of COVID-19, insurance customers are looking for more than most insurers typically offer. They are looking for protection from all forms of controllable adversity.
To meet these new customer demands, insurers need to move from traditional risk indemnification models to proactive risk mitigation and management. This means changes in both
Old Mutual Life Assurance invests into solar project
Staff Reporter
HARARE, OLD Mutual Life Assurance Company has applied for a license from ZERA to construct a modest 648kW solar photovoltaic power plant at its headquarters in Harare.
The company has since applied for a licence from the Zimbabwe Energy Regulatory Authority allowing it to sell the surplus in terms of electricity licensing regulations
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Nyaradzo CEO and Founder…Tracks roots
By Phillip Mataranyika CEO Nyaradzo
By the time I left Old Mutual, on the 28th of February 2001 to begin a new chapter in my life as CEO of a fledgling company, Nyaradzo, I was the most successful Old Mutual sales agent and financial advisor of all time. I had won all the awards there were to win, travelled many parts of the country and some of the countries
ZHL seek to strengthen Credsure
Staff Reporter
ZIMRE Holdings says it is targeting to grow Credsure market share and business through onboarding more underwriting management agency (UMA) with dynamic impact and strategies to acquire business that complements innovative customer propositions.
The group, after losing NicozDiamond to First Mutual Holdings is seeking to return to short term insurance through
HARARE, Insurers looking toward digital innovations to drive operational improvements in their processes would do well to consider the benefits of intelligent automation (IA). For example, the recent partnership between SilverBridge and Astute Financial Services Exchange which delivers a fully automated intelligent claims processing solution that provides maximum risk oversight while enabling claims
Insu24 E-newsletter e-Newsletter_02 July 2021
FMHL gross premium firm in five months
Staff Reporter
First Mutual Holdings Limited (FMHL) Gross Premium Written (GPW) rose 494% to ZWL$3.92 billion during the five months to May 2021.
Douglas Hoto, the group chief executive, in a trading update said an estimated 40% of the revenue was US$ premium translated at the interbank rate.
In the Zimbabwe market, the forex premiums were US$9.2 million compared
Are REITs the Solution to Direct Property Holding Challenges for Pension Funds?
After years of relentless advocacy by the investment management community for the enactment of required legislation, finally there is now in place the regulatory framework that governs the creation of REITs.
Modeled along fund structures, REITs (Real Estate Investment Trusts) are a special type of professionally managed
Old Mutual seek to unbundle portion of Nedbank stake
Staff Reporter
OLD Mutual Limited has said it will unbundle a portion of its stake in Nedbank subject to relevant approvals.
According to a circular to shareholders, Old Mutual will unbundle all the Nedbank ordinary shares currently held by Old Mutual Emerging Markets Limited being 62,131,692 Nedbank ordinary shares and comprising 12,2 percent of