Zim can leverage on insurance and pensions to promote savings culture: Ngwerume
Nelson Gahadza
HARARE, Zimbabwe in its quest to promote economic growth through savings can leverage on the ability of the insurance and pensions sector mobilize savings which have other the years financed various key projects in the economy.
Currently, the Central Bank has a running 7% RBZ Savings Bond seek to
IPEC Commissioner officially opens second insurance mentoring programme for Journalists
By Insurance24
HARARE, Insurance and Pensions Commissioner (IPEC) Tendai Karonga has officially opened the second insurance mentoring programme for journalists being hosted by the ZimSelector in partnership with the regulator.
A total 20 journalists will for the next 12 months go through the mentorship programme
Underestimate Cyber Risks Which Could Prove ‘Fatal’: Allianz Report
By Insurance24
Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, which could prove catastrophic for some, according to a report published by Allianz Global Corporate & Specialty (AGCS).
For medium-sized companies with annual revenues between €250 million
ZB Insurance hedge high risky regional business offshore: CEO, as cash funeral cover enjoys positive uptake
By Insurance24
HARARE, ZB Financial Holdings says risky regional business is placed offshore to ensure ability to settle claims in the region as foreign payments challenges continue to impact several businesses in the country.
“In terms of claims, for the region, we look at our risk and retrocede
Low appetite for Insurers shares ahead of inaugural Youth Day Holiday tomorrow
By Insurance24
HARARE, The Zimbabwe Stock Exchange (ZSE) rebounded in Tuesday’s session to register marginal gains as it continued to trade sideways. For insurers, appetite towards their shares was low, only confined to Old Mutual which traded flat at 5.30c.
Other insurers, ZHL, Fidelity, FMHL and NicozDiamond did not
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Minerva Reinsurance is the market’s leading
Why insurance buyers aren’t seeing more insurtech options
By Insurance24
“Customer inertia” is driving insurtech firms to partner alongside traditional players, perhaps explaining why more new entrants haven’t emerged.
The insurance technology business is now receiving more than $2bn annually, as of 2017. Nevertheless, for commercial insurance buyers there is a lack of new entrants displacing
Deloitte report says it’s time insurers ‘expand their value proposition’
By Insurance24
HARARE, Middle market commercial insurers are under more pressure than ever to stay competitive in an increasingly cost-conscious, commoditized and fickle market environment.
According to the Deloitte Middle Market Insurance Consumer Survey released this week, insurers and brokers targeting the
ZB Insurance profitable in 2017 on improved product penetration
By Insurance24
HARARE, ZB Financial Holdings net earnings for the insurance business for the year ended 31 December 2017 increased 9% to $9.6 mln compared to $8.8 mln in 2016 on the back of improved product penetration in the life assurance business and a flat outturn on expenses.
During the period, gross insurance premium income amounted
FMHL falters in a day turnover spikes to $12 mln
By Insurance24
HARARE, In a day market turnover spiked to $12.1 mln from $3.1 mln recorded in previous session, Insurer First Mutual Holdings Limited (FMHL) found the day tough, losing 8.896% to close at 17c.
FMHL through completion of the transaction to acquire short term insurer Nicozdiamond is set to become one of the leading giants in the insurance