Staff Writer
FBC Holdings says its insurance subsidiaries are trading profitably, despite the challenging operating environment, and expects the trend to continue during the second half of the year.
The group’s insurance units are FBC Reinsurance Limited and Eagle Insurance Company Limited. The group also has FBC Reinsurance Botswana, which specialises in providing reinsurance solutions and risk
Staff Writer
The healthcare sector has been challenged to adopt a culture change and a change of priorities so that people embrace a culture of investing in health through taking medical aid cover instead of prioritising investing in burial.
Association of Health Funders of Zimbabwe (AHFoZ) chief executive Shylet Sanyanga at the association’s 2024 annual conference recently said before being buried,
Staff Reporter
Old Mutual Limited says higher shareholder portfolio profits in the Zimbabwean business were main contributors to the group’s headline earnings for the quarter to June 30, 2024 relative to adjusted headline earnings (AHE).
In a trading statement, ahead of publishing its half year financials, the group however, excluded the Zimbabwe profits from adjusted headline earnings (AHE), saying
By Allan Mbotshwa and Nomagugu Konke
Life insurance, a cornerstone of financial planning, has gained significant traction in recent years.
While its importance is universally acknowledged, the landscape of life insurance varies significantly across different regions, particularly in developing nations.
This article delves into a comparative analysis of African life insurance, highlighting its significance
Enacy Mapakame
Rugare Makuyana, a carpenter in Maronga village in Chipinge District, about 450km south east of the capital Harare was banished from the village by elders in the community.
When he was still in good books with the community, he was known for making basic furniture like ordinary benches for schools and churches.
During times of bereavement, families would also approach Makuyana to remodel
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Staff Writer
HARARE, ZB Financial Holdings (ZB) says its insurance unit ZB Life Assurance is working on a new retail insurance system to replace the old Premia system, and the project is expected to be finalised in FY2024.
The unit posted a profit of ZiG333.579 million in the half year to June 30, 2024, compared to ZiG632,489 billion in 2023, and total assets increased in real terms from ZiG752,995
By GANDY GANDIDZANWA & ITAI MUKADIRA
At a very young age, there is one principle we all learn – if not sure of what to do, look at what others are doing. The Zimbabwe pension fund industry, nearly 45 years old now under the current defined contribution regime, seems to have skipped that life skills lesson in its pre-adolescence. In a world where knowledge is now freely available, there are
Staff Writer
CBZ Holdings says it is committing significant effort towards ESG, which is the environment, governance, and sustainability, and is addressing all three elements in equal measure.
Chief executive Lawrence Nyazema told Insurance24 that under Environment, a couple of years ago, the bank gave solar loans to all its staff members, which was an effort to ensure that starting with CBZ itself
Enacy Mapakame
Correspondent
HARARE, As technological advances continue to enable businesses to optimise their operations, these same businesses are now experiencing “headaches” in the form of cybersecurity threats.
So prevalent is the threat that it creates scope for heightened calls to businesses to invest in cybersecurity insurance with haste.
Speaking at the recently held Insurance Institute