Introduction
- The Insurance and Pensions Commission (IPEC) was invited to appear
21Jan
Author: Insurance24
21Jan
Usage-based insurance set for major growth – report
Usage-based insurance set for major growth – report
The usage-based insurance (UBI) market is expected to grow at a compound annual growth rate of more than 17% between 2018 and 2024, according to a new report by consulting firm Global Market Insights.
One of the major factors driving the growth is the increased production of vehicles embedded with telematics or using external tracking systems to
18Jan
Guy Carpenter shakes things up ahead of merge with JLT Re
Guy Carpenter shakes things up ahead of merge with JLT Re
HARARE, Marsh & McLennan Companies (MMC) unit Guy Carpenter (GC) is all geared up for its imminent merge with Jardine Lloyd Thompson Group’s (JLT) reinsurance broking business.
While MMC’s swoop for the entire JLT enterprise awaits closing, GC has made significant leadership changes to make way for JLT Re, with which it will align and
17Jan
INSURING THE INTANGIBLE: DEVELOPING INTELLECTUAL PROPERTY INSURANCE IN ZIMBABWE
INSURING THE INTANGIBLE: DEVELOPING INTELLECTUAL PROPERTY INSURANCE IN ZIMBABWE
HARARE, Intellectual property (IP) is an intangible asset that is created or acquired by a company. Unlike tangible assets, such as plant equipment and goods; IP assets are not physical in nature. The difference between tangible and intangible assets does not end there, as tangible assets are vigorously
14Jan
THE MICRO-INSURANCE REGULATORY FRAMEWORK IN ZIMBABWE
THE MICRO-INSURANCE REGULATORY FRAMEWORK IN ZIMBABWE
Nobert Musa Phiri: Partner Muvingi and Mugadza Legal Practitioners
Summary
The Insurance regulator in Zimbabwe, Insurance and Pensions Commission (IPEC) in June 2017 introduced a micro-insurance framework whose primary objective is to promote the development of micro-insurance in Zimbabwe by establishing a basis for
14Jan
Zim insurers digital transformation slow : Regulator
Zim insurers digital transformation slow : Regulator
HARARE, Insurance and Pension Commission (Ipec) says the country’s insurance industry will not be able to able to enjoy the benefit of transformational technologies until it begins to offer a true digital basic service to its customers.
While the local market is moving in that direction although on a slow pace with most of the big players
14Jan
Auto Tyres Zimbabwe dissolves pension fund
Auto Tyres Zimbabwe dissolves pension fund
HARARE, Auto Tyres Zimbabwe (formerly) Dunlop, due to viability challenges dissolved the Auto Tyres Pension Fund and is now inviting contributors for final valuation inspection.
The company said has been facing viability challenges for the past two years, resulting in the Board of Trustees agreeing to dissolve the fund and distribute the Fund’s assets
9Jan
Retro market disruptions may impact future renewals: What Agents Should Know About the Cryptocurrency MarketWillis Re….
Retro market disruptions may impact future renewals: Willis Re
Compiled by Insurance24
HARARE, Disruptions and trapped collateral in the retrocession market may have an impact on first-tier reinsurance property catastrophe pricing
levels over the upcoming 2019 renewals, according to broker Willis Re.
The analysis came as part of the firm’s latest 1st View report, which found that reinsurance
8Jan
How can insurance brokers use rate comparison sites to boost their books of business?
How can insurance brokers use rate comparison sites to boost their books of business?
HARARE, Growing a book of business can be quite a cumbersome, expensive and time-consuming task for independent insurance brokers. Some brokers spend thousands of dollars on brand advertising and marketing campaigns without any guaranteed return on investment (ROI) or success. In many cases, traditional insurance
7Jan
ZSE Bull run buoys Life assurer’s assets base
ZSE Bull run buoys Life assurer’s assets base
HARARE, Total industry assets for life assurers and assets supporting life reassurance surged 6, 47% to stand at $2,80 billion as at 30 September 2018 from $2,64 billion reported as at 30 June 2018, the Insurance and Pensions Commission (IPEC) says in its quarterly report.
This was on the back of the significant rise in value of equities which