Non-life insurance companies record a 9.25% surge gross premium written during Q2 2017
Insurance24
Harare- The Insurance and Pension Commission says it is concerned with total assets of 31.46% for short term life insurers which is being concentrated on premium debtors and fixed assets.
In its half year report for Short Term (Non-Life) Insures Ipec said it is important for insurers to structure their
Insurance premiums to grow 5.6% per annum over next five years: Report
Insurance24
HARARE, BMI Research in its latest country risk report says despite Zimbabwe’s insurance markets remaining hostage to the country ‘ s widespread economic issues, the insurance sector will achieve growth over the next five years.
“The outlook for Zimbabwe’s life insurance market is moderate. We predict
ATI advances $200 million insurance support to Zimbabwe
Insurance24
HARARE, Finance Minister Ignatius Chombo says Zimbabwe as a member to the African Trade Insurance (ATI has received insurance support worth $200 million advanced to various projects in the financial, energy and mining sectors.
Last night the ATI launched in Zimbabwe, though the operations are covered from a regional office in Zambia.
“Zimbabwe
The African Trade Insurance Agency (ATI) launches in Zimbabwe
Insurance24
HARARE, The African Trade Insurance Agency (ATI) launches its presence in Zimbabwe tomorrow amid prospects of changing the country’s investment and trade risk profile.
The ATI is Africa’s export credit agency which provides political risk and trade credit risk insurance products with the objective of reducing the business
Fidelity Life appoints Chief Finance Officer
Insurance24
HARARE, Fidelity Life Assurance has appointed Patricia Zvandasara as Group Chief Finance Officer effective 01 October 2017. She has worked in various local and international organisations and extensive experience spanning over 22 years particularly in the insurance industry.
“She served in various senior leadership capacities where she drove
Sanlam to Acquire Absa Consultants and Actuaries
Insurance24
Sanlam Life Insurance Limited (“Sanlam Life”) is pleased to announce that it has entered into agreements to acquire 100% of the issued share capital of Absa Consultants and Actuaries Proprietary Limited (“ACA”) from Absa Financial Services Limited for a consideration of R285 million.
The transaction is subject to certain conditions
Rewriting the words brokers should be using to win clients
Insurance24
HARARE, It could be that you’re talking to your potential clients all wrong, that what you’re saying is turning them off rather than securing that deal.
Maybe you have a tried and true script you work off. Certainly there are insurance buzzwords you use time and time again…
Well, it may be time to re-evaluate the way
FML to capitalise merged Nicoz and Trista insurance, 17.9% of $17.52 mln reserved for cash component of transaction
Insurance24
HARARE, First Mutual Holdings says of the raised $17.52 mln capital through a renounceable rights offer, approximately 17.9% had been set aside for the estimated cash component of the transaction to acquire Nicoz Diamond issued share capital with the balance being utilised
Insurers battle for top recognition at 2017 Zimbabwe Service Excellence Awards
Insurance24
HARARE, Insurers, Zimnat, Nicoz Diamond, Old Mutual and Fidelity Life have been nominated for the 2017 Zimbabwe Service Excellence Awards in the Insurance sector category and will battle it out at the awards ceremony to be held on the 20th October, 2017.
The Zimbabwe Service Excellence Awards are organised and
Absence of a prudential and market conduct regulator disadvantages health insurance in Zimbabwe: IPEC
Insurance24
HARARE, The Insurance and Pensions Commission (IPEC) says health insurance in Zimbabwe has malfunctioned oftentimes to the disadvantage of not only thousands of needy patients but also critical service providers.
These, according to the Manager Insurance and Micro-Insurance ,Insurance and