IPEC to regulate NSSA, Medical AID Societies
Staff Reporter
The National Social Security Authority and Medical Aid Societies and any other persons conducting insurance business will now be subject to regulation by the Insurance and Pensions Commission (Ipec), once amendments to the bill are passed into Law.
This comes after government, through a Cabinet meeting yesterday, approved the Insurance and
Inflation ramps up volume of premiums written
Staff Writer
HARARE, ZIMBABWE’S insurance industry continues to contend with extremely challenging operating conditions, Fitch Solutions, said in its summary Zimbabwe Insurance Report.
The report noted that the country’s economy has struggled for several years,
An evolving retail insurance market
HARARE, The disruption caused by the COVID-19 pandemic has resulted in a reimagining of the retail insurance sector. With an international survey finding that 40% of insurers expecting to increase investment in
Minerva implores clients to adhere to lockdown regulations to avoid claims disputes
Staff Writer
HARARE, Minerva Risk Solutions has implored its clients to adhere to lockdown regulations, in particular curfew hours, to avoid possibility of disputes with insurers in the unfortunate event of an accident occurring outside curfew hours.
Sisami Wadi, the general manager, said although the insurance contracts
Old Mutual ZSE Top Ten ETF now on ZSE Direct
Staff Writer
HARARE, The Old Mutual ZSE Top Ten ETF is now available through ZSE Direct, the Zimbabwe Stock Exchange Limited, has said.
The platform – ZSE Direct – has a user-friendly interface; whose main advantage is its ability to match trades.
THREE UNDERWRITING PREDICTIONS FOR 2021 AND BEYOND
While 2020 proved to be a year that changed the way we live and work, our predictions for 2020 nevertheless proved to be remarkably accurate. As we forecasted, life insurers that modernized their core new business and policy administration
Old Mutual Limited sales shows signs of resilience
Staff reporter
HARARE, Old Mutual Limited says operating conditions across its businesses have remained challenging during the second half of 2020 although its volume related key performance indicators (KPIs) have shown recovery, demonstrating the resilience of the franchise.
In a preliminary trading update for the year ended 31 December 2020, OML
Our valued readers today we publish the first series of the State of the Pension Fund Industry report by RIMCA. Please note we will be publishing a continuation of the series every month.
State of the Pension Fund Industry- Issue 1 of 2021
4 Decades On – How Well Has the Corporate Defined Contribution Pension Regime Fared!
(Part I of a Series)
AN accidental discovery of a loophole in a piece of
Partnerships open powerful opportunities for positive change: Old Mutual
Staff Reporter
HARARE, OLD Mutual Group has honoured partners who have worked with it to positively impact the lives of stakeholders, customers and communities across the continent.
The positive power of partnerships was celebrated at the second annual Old Mutual Partnership Awards ceremony held recently.
The Partnership Awards
FMHL says new partner to enhance group’s growth prospects
Staff Reporter
FIRST Mutual Holdings (FMHL) says the new strategic partner that biggest shareholder NSSA, intends to bring will enhance the group’s growth prospects.
This comes as NSSA has announced its intention to reduce its stake in First Mutual Holdings Limited (“FMHL”) from the current 66.22% to 35% through offloading up to 31.22%