IPEC projects insurance penetration ratio at 4% in 2018 riding on new socio-political dispensation
Insurance24 Reporter
HARARE, The Insurance and Pensions Commission (IPEC) is targeting the insurance penetration ratio to at least 4% by end of 2018 from the current 3.6% largely on the back of new socio-political dispensation driven economic growth.
IPEC Commissioner Tendai Karonga told Insurance24 that
Insurance industry suffers $136 billion in natural disasters losses in 2017
Insurance24
Globally, the insurance industry suffered $136 billion in losses from natural disasters in 2017 and longer-term risks of climate change are envisaged for the insurance sector.
Coal power plants with a capacity of more than 800 Gigawatt are currently under construction or in the pipeline worldwide and a recent UNEP
CRAIR discusses Zimbabwe’s new economic trajectory, as ZSE opened week depressed
Insurance24
HARARE, The Centre for Risk Analytics and Insurance Research (CRAIR) will this Wednesday conduct a meeting whose guest speaker is Finance and Economic development Minister Patrick Chinamasa.
The breakfast meeting whose topic is “Zimbabwe’s New Economic Trajectory: Renaissance and Growth also have
Agile insurtechs driving change in car insurance ecosystem
Innovation in auto insurance has come a long way in the past few years, in part due to the founding and growth of “agile” and “tech-savvy” insurtech start-ups.
Competing in the car
IPEC commends Zim-Selector’s journalists insurance reporting mentoring programme
Insurance24
HARARE, The Insurance and Pensions Commission (IPEC) says the insurance sector has for long been ignored an mystified because its a specialised discipline that has not been adequately explained to the public.
At a inaugural graduation ceremony of journalists who undergone the Zimselctor.com insurance reporting
Insurance sector has potential to revive economy: Expert
Insurance24 Reporter
HARARE, An insurance expert has said Zimbabwe’s insurance industry has potential to boost low savings appetite as well as local investments, which will counter over reliance on foreign investments.
Zimselector.com, an insurance training institution founder Luke Ngwerume during the institution’s inaugural Insurance Journalist
Losers dominate trading on Thursday
Insurance24
HARARE, The market traded in the red with trading dominated by losers. The All Share Index was down, 0.37 points on the back of a 7.60 points loss in the Mining Index and a 0.19 points loss in the Top Ten stocks.
The Industrial Index closed 0.83 points weaker with losses in CBZH, DZLH, Econet and PPC. Turnover was stable at USD 1,042,653 with good trade
Masawara Plc seek to raise private equity capital, as Mutasa spells out future
Insurance24 Reporter
Harare, Masawara Plc, post de-listing from the AIM will seek to raise private equity capital to grow its various businesses.
The group is an investment company focussed on Zimbabwe and neighbouring countries, other than South Africa.
“I am confident of the Group’s ability to attract development
Market retreats in mid week session as Fidelity Life Assurance finally moves
Insurance24
HARARE, The market traded on the back foot with losses in most counters. The All Share Index and the Top 10 Index both lost 0.62 points. The Industrial Index retreated 2.13 points with losses in CBZ, Econet, Hippo and Innscor. Turnover was decent at USD 1,168,440 with good trade values in Old Mutual and PPC. The
NSSA re-consult on National Health Insurance Scheme
Insurance24
HARARE, The National Social Security Authority (NSSA) says will not be able to meet the first quarter 2018 deadline for the implementation of the National Health Insurance Scheme (NHIS) as a result of need to re-consult stakeholders due to changes brought by the new political dispensation.
Late 2017, Zimbabwe witnessed a political transition