Pension funds should respond to new normal: ZAPF

Pension funds should respond to new normal: ZAPF

Staff Writer

HARARE, Pensions fund investments should respond to the new normal by diversifying into E –commerce while also lowering rentals to retain higher occupancy ratios, Insurance24 has learnt.

This comes as the impact of the lockdown on tenants’ businesses is set to have an adverse effect on rental income streams and spike the level of voids

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Java spells out IIZ vision as he assumes presidency

Java spells out IIZ vision as he assumes presidency

Staff Writer

The Insurance Institute of Zimbabwe (IIZ) new president Rueben Java says will continue with initiatives already underway to explore ways to grow IIZ brand and ensure the standards of the institute are upheld.

Java takes over from Mapiye Chigorondondo and will head the institution for the 2020/21 term of office.

“I am taking over this

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Zimbabwean reinsurance has potential to grow- Tropical RE

Tropical ReInsurance was recently conferred with a BBB+ rating by  GCR, a major milestone in the history of the Reinsurer.

 Insurance24 (24 ) I spoke to  Tropical RE Managing Director USHE Mungaraza (UM) to understand what this meant to Tropical  Re.

Find the interview below:

I24: You have received a BBB+ GCR rating. Tell us more about this

UM: Being conferred

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THE INTERVIEW: TROPICAL RE sets focus on sustaining growth

TROPICAL RE sets focus on sustaining growth- Tropical RE

Tropical ReInsurance was recently conferred with a BBB+ rating by GCR, a major milestone in the history of the Reinsurer.

Insurance24 (24 ) I spoke to  Tropical RE Managing Director USHE Mungaraza (UM) to understand what this meant to Tropical  Re.

Find the interview below:

I24: You have received a BBB+ GCR rating. Tell us more about this

UM:

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COVID-19 generates numerous scams

COVID-19 generates numerous scams

HARARE, COVID-19 scams have included supposed cures, fake testing sites and counterfeit personal protective equipment (PPE), Dr Katlego Mothudi, managing director of the Board of Healthcare Funders, a regional healthcare funders’ body, said last week.

Addressing an Association of Healthcare Funders of Zimbabwe all stakeholders’ webinar on health on Wednesday,

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Mavhima dissolves NSSA board

Public Service, Labour and Social Welfare Minister Paul Mavhima has dissolved the National Social Security Authority (NSSA) board with immediate effect with a three member interim board having been in put in place.

Staff Reporter 

Mavhima said NSSA is currently engaged  in a strategic  reorganisation and restructuring   exercise which has been necessitated by the 

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ZHL offer to ZPI minorities successful

ZHL offer to ZPI minorities successful

Staff Writer

ZIMRE Holdings Limited (ZHL) says ZPI’s offer to minorities has been successful, paving pay for finalization of the transaction which will also culminate in the de-listing of ZPI from ZSE.

The Offer, which was announced on 9 September 2020, opened on 11 September 2020 and closed on 16 October 2020.

“The Boards and Management of Zimre Holding

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Victoria Falls Stock Exchange to launch this Friday

Victoria Falls Stock Exchange to launch this Friday

Staff reporter

HARARE, The Victoria Falls Stock Exchange Limited (“VFEX”) has been granted the approval to launch and commence trading of securities by the Securities and Exchange Commission of Zimbabwe (SECZ).

The official opening of VFEX is scheduled for Friday 23 October 2020, at its new offices in Victoria Falls. The Minister of Finance and

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US cyber insurance market at exciting crossroad

The US cyber insurance marketplace has reached an interesting crossroad. The market is hardening, rate momentum is picking up, and underwriters are starting to be far more stringent in risk selection with the aim of portfolio optimization and maximizing their return on capital. In this evolving environment, which has been complicated by the COVID-19 pandemic, the US cyber insurance marketplace is

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