Insurance leaders should abandon outdated models and embrace adaptive, visionary strategies

Staff Writer

AFRICA’s insurance industry is at a defining crossroads and the sectors leaders should abandon outdated models and embrace adaptive, visionary strategies that respond to the continent’s rapidly shifting socioeconomic and climatic landscape.

Speaking at the Southern Africa Insurance Indaba in Victoria Falls on Thursday, Old Mutual general manager for life assurance , Linda Mariwande

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Insurance industry urged to shift towards informal market for new business

Staff Writer

The Insurance and Pensions Commission (IPEC) has called on Zimbabwe’s insurance industry to radically broaden its market focus and product offerings as part of a renewed strategy aimed at lifting the country’s low insurance penetration rate and modernizing regulatory oversight.

Speaking at the Southern Africa Insurance indaba, IPEC director of insurance and microinsurance Sibongile

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Insurance key to Zimbabwe’s push for regional financial powerhouse status

Staff Writer

Victoria Falls — Zimbabwe is charting a bold course toward becoming a regional financial powerhouse through initiatives such as the Victoria Falls International Financial Services Centre, Insurance24 reports.

In this journey, Deputy Finance Minister Kudakwashe Mnangagwa said the insurance industry has been anchored as a cornerstone of economic progress.

Mnangagwa was speaking at the

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Insurance industry must respond with agility, foresight and innovation to evolving needs

Staff Writer

Insurance Institute of Zimbabwe (IIZ) says insurance professionals stand at the intersection of risk, resilience and opportunity hence as the industry must respond with agility, foresight and innovation.

IIZ general manager Davison Choeni in his welcome remarks at the Southern Africa Insurance Indaba 2025 in Victoria Falls said reimagining insurance extends beyond simply embracing technological

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Southern Africa Insurance indaba to unlock economic potential and build resilience in Africa

Staff Writer

The Southern Africa Insurance Indaba, which officially kicks off tomorrow in Victoria Falls, Zimbabwe, is expected to unlock economic potential and build resilience in Africa.

The indaba, whose key speaker is Finance, Economic Development and Investment Promotion deputy minister David Mnangagwa, has brought together local and regional experts to deliberate on the continent’s insurance

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Pension funds pour over ZWL$1.2 billion into Masvingo projects as Minister urges more investments

Pension funds pour over ZWL$1.2 billion into Masvingo projects as Minister urges more investments

Staff Writer

Pension funds have injected more than ZWL$1.2 billion into infrastructure and social development projects across Masvingo Province over the past three years, in a wave of investments that has boosted housing delivery, healthcare, and education.

The figures were revealed by the Minister of

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Fund managers urged to strengthen governance, transparency and public trust

Staff Writer

ZIMBABWE Association of Pension Funds (ZAPF) Chairperson Phoebe Zvisinei Chawasarira has urged fund managers to strengthen governance, transparency, and value creation to restore and sustain public trust in the pensions industry.

Chawasarira said the lessons from past economic crises must guide the industry’s next chapter, warning against repeating the mistakes that eroded member confidence

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Zimbabwe’s DPC CEO Elected Vice-Chairman of IADI Africa Regional Committee

Staff Writer

HARARE: The  Deposit Protection Corporation (DPC) has announced the election of its Chief Executive Officer, Hopewell Zinyau, as the Vice-Chairman of the International Association of Deposit Insurers – Africa Regional Committee (IADI-ARC).

In a statement, DPC said the appointment marks a major milestone for Zimbabwe, underscoring the country’s growing role in shaping regional and

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Old Mutual Limited set priorities to generate growth over the medium to long term.

Staff Writer

Old Mutual Limited delivered adjusted headline earnings of R4.2 billion for the six months ended 30 June 2025, uplifting return on net asset value to 15.5% amid sales and persistency pressures.

The group’s adjusted headline earnings growth of 29% was driven by strong underwriting performance in Old Mutual Insure and strong equity market performance, particularly in South Africa and

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