Staff Writer
HARARE: Champion Insurance has launched a micro-insurance product called “Bata Chamu,” a WhatsApp chatbot platform that enables users to interact seamlessly with its intelligent virtual assistants, providing instant access to affordable and tailor-made solutions.
Through the platform, Champion Insurance’s prospective and existing clients will be able to buy vehicle insurance
Staff Writer
The Association of Investment Managers of Zimbabwe (AIMZ) has joined the membership of the Pan African Fund Managers Association (PAFMA), an esteemed trade association dedicated to enhancing climate finance across the African continent.
Since its landmark introduction at the Africa Climate Summit in 2023, PAFMA has rapidly grown, now boasting nine members representing 16 African
Staff Writer
ZB Financial Holdings (ZBHF) says insurance service result for the year to December 31, 2023 fell by 486 percent from a deficit of $26,127 billion in 2022 to a deficit of $153,235 billion in 2023.
This was largely as a result of an increase of 327 percent in insurance service expenses to $377,642 billion from $88,407 billion in 2022.
The group in its financials said its insurance units
Staff Writer
Climate change has become the greatest threat to humankind and sustainability; hence, significant efforts and priorities should be made in the discussion of the insurance industry to play a pivotal role in building climate resilience.
Albert Nduna, the Insurance and Pensions Commission (IPEC) Board chairperson speaking at the ZEP-RE (PTA Reinsurance Company)’s 33rd Annual General
Staff Writer
The Eight2Five Innovation Hub, powered by Old Mutual has launched the 2024 edition of the Value Creation Challenge (VCC4), which is an innovative incubation programme that aims to bolster innovation and entrepreneurship in Zimbabwe.
Staff Writer
Fidelity Life Assurance (FLA) says its continues to improve products for the policyholders and enhance them in response to evolving policyholder expectations as well as conditions obtaining in the environment.
Group chairman Livingston Gwata says creativity and innovation were also extended to the choice of the company’s markets and investments as it sought to create and preserve value
Staff Writer
Zimre Holdings (ZHL) strategy remains anchored on delivering a strong cash wallet through driving a cost-effective insurance float and increasing the contribution from regional investments.
The group will also continue to consolidate on its experience and dynamism and enhance market share acquisition through innovations.
“In regional operations, this will be done by upscaling their balance
By Gandy Gandidzanwa & Itai Mukadira
That who ultimately pays for the cost of regulation in the pension fund industry has long been resolved and we are not even going to labour that much on it in this thought piece. Suffice to say of course that, the same parties, the members, that the regulation is crafted to protect, are the same parties that ultimately pay for its implementation, monitoring,
Staff Writer
A local actuarial consulting firm ,Invent Multiple Agencies and actuaries has launched a credit insurance product for Zimbabwe bound exports from South Africa.
Trade credit insurance protects businesses against commercial customers’ inability to pay for goods or services.
In a statement, Invent said the insurance product will be issued by Asset Finance Insurance South Africa(AFI) .
Invent
Zim/Africa needs to embrace trade credit insurance
Staff Writer
ZIMBABWE and Africa need to embrace trade credit insurance as it helps to close a number for gaps in the financial markets, providing and additional of security, Insurance24 reports.
Trade credit insurance is a type of business policy that protects a company’s accounts receivables against losses