Staff Writer
THE US$1,6 billion Initial Public Offering of Nigeria’s Dangote Refinery is giving Zimbabwean pension funds, insurers and other institutional investors access to a major regional investment opportunity, while also highlighting the importance of deeper capital-market integration in Southern Africa.
The Securities and Exchange Commission of Zimbabwe has authorised the Financial Securities
Staff Writer
Patrick Kusikwenyu has taken over as president of the Association of Insurers and Reinsurers of Developing Countries (AIRDC) for the 2026–2028 term, pledging to strengthen cooperation among insurers and reinsurers across developing markets while expanding training, benchmarking and technology sharing.
Kusikwenyu succeeds Chai Sophonpanich, chairman of Bangkok Insurance Public
Staff Writer
African insurers must move beyond reacting to shocks and build resilience into pricing, investment, regulation and product design as economic and global pressures continue to expose weaknesses in insurance markets, Coronation Solutions Pvt Limited managing diretor Wadzanai Phiri has said.
Speaking at the 24th Association of Insurers and Reinsurers of Developing Countries (AIRDC) conference
Staff Writer
The Zimbabwe Association of Pension Funds (ZAPF) is shifting its focus from strategy formulation to measurable execution as pension funds confront growing risks from artificial intelligence, cybersecurity, climate change and an increasingly complex investment environment.
ZAPF director-general Sandra Musevenzo said the association’s 2024–2026 Strategic Plan had moved beyond being
Staff Writer
Zimbabwe’s rapid economic formalisation is creating thousands of new potential insurance customers among small and medium enterprises (SMEs), informal traders and entrepreneurs, presenting insurers with a major growth opportunity, Insurance and Reinsurance Development Committee (AIRDC) vice president Patrick Kusikwenyu has said.
Kusikwenyu, delivering welcome remarks at the 24th AIRDC
Staff Writer
Insurance regulators and industry players must place sustainability, consumer confidence and inclusive access at the centre of efforts to build resilient insurance markets as technological, geopolitical and climate-related risks intensify, Insurance and Pensions Commission (IPEC) Commissioner Dr Grace Muradzikwa has said.
Muradzikwa said the long-term sustainability of the insurance
Staff Writer
Deputy Finance Minister Kuda Mnangagwa has challenged Zimbabwe’s insurance industry to move beyond traditional policy sales and become a central pillar of the country’s economic resilience as climate change, technology and geopolitical shocks expose growing gaps in insurance protection.
Officially opening the 24th annual conference of the Association of Insurers and Reinsurers of
ZHL profitability strengthens as regional expansion reshapes earning
Staff Writer
ZIMRE Holdings Limited (ZHL) increased profit after tax by 15% to US$10.74 million in the six months to June 30, 2026, as stronger insurance revenue, improved investment returns and regional expansion under its Great Africa Trek strategy supported earnings growth.
The group’s profit after tax increased from US$9.33
Staff Writer
The Zimbabwe Association of Pension Funds (ZAPF) will bring together pension fund principal officers and chairmen in Bulawayo next week for its seventh annual convention, with innovation, artificial intelligence (AI), cybersecurity and strategic leadership expected to dominate discussions.
The three-day convention, running from October 1 to 3 under the theme “Leading Beyond
Staff Writer
Zimbabwe’s life assurance sector delivered a stronger performance in the second quarter of 2026, with insurance revenue rising sharply on the back of increased foreign-currency business and continued demand for funeral and group life products.
However, the latest sector report from the Insurance and Pensions Commission (IPEC) also highlights structural weaknesses that could constrain