Government commit to reform insurance and pensions sector
Staff Writer
FINANCE Minister Mthuli Ncube has said government is seized with legal reforms targeted at the legislation governing insurance and pensions and expect three bills to be sent to parliament by the first half of the year.
In his inaugural meeting with industry players, Ncube said the bills have taken too long at drafting stage.
“I
First Mutual Health reviews contributions to cushion against shortfalls
HARARE, First Mutual Health — a subsidiary of First Mutual Holdings that offers medical aid insurance schemes has reviewed corporate member contributions upwards effective January 1, 2020.
The company offers medical insurance schemes through packages that range from general medical to more comprehensive private medical cover
CBZ reintroduces international travel insurance: PRODUCT REVIEW
HARARE, CBZ Insurance recently unveiled its international travel insurance set to benefit policy holders on matters of personal safety, baggage damage and other unforeseen financial losses going away for trips.
The programme covers business or recreational travellers.
Under the insurance initiative, CBZ Insurance undertakes to ensure those
HARARE ; Research shows that insurance executives are recognising the opportunities associated with big data. Of course, they are no stranger to the importance of data analysis given how the industry is built around understanding market requirements and developing solutions accordingly. With the help
Zimbabwe’s insurance industry to suffer low product demand
Staff Reporter
ZIMBABWE’s insurance industry is expected to endure low demand for a broad range of insurance lines owing to a tough economic environment, a research report has revealed.
BMI Research, which is part of Fitch Solutions, in a report, Zimbabwe Insurance Report, (summary) said similar to other sectors of the country’s
FMHL makes move at subsidiary level
Staff Reporter
HARARE, Insurance group, First Mutual Holdings Limited has advised of a potential transaction through one of its subsidiary which may have an impact on the group’s share price.
In a statement, FMHL, said caution should be excised when dealing with the company’s share until a full announcement is made.
“Shareholders are advised that
Fidelity Life still pursuing capital restructure
Staff Writer
HARARE, Fidelity Life Assurance has negotiations to restructure its capital structure through issuance of shares by way of a rights offer are still ongoing.
The company in a statement said, “further to the cautionary announcement dated 22 July 2019, and
subsequent updates on 27 August, 23 September, 14 October, 04 November, 25
FBC Insurance unveils instant third party insurance product Yako
Staff Reporter
HARARE – FBC Insurance has launched “Yako” an innovative, game changing and fully digital third party insurance service which is poised to change the face of insurance in the country.
The innovative and world-class service, which is now available on the market, allows vehicle owners to purchase a secure and affordable
Claims in aviation are skyrocketing, in spite of better safety records
HARARE, Passengers can take a deep breath – the global airline industry has had some of its safest years in recent times when it comes to fatalities. This news comes despite a number of crashes, according to a new study from Allianz Global Corporate & Specialty (AGCS), though the report also notes that the long-term improvement
Zimnat brings relief to Zimbabweans living abroad and locally
HARARE, Zimnat Life Assurance announced a funeral plan, Kwedu/Ngekhaya, for Zimbabweans living outside Zimbabwe that enables them to be buried back home in Zimbabwe, with pay‑outs guaranteed in United States dollars or South African rands.
Moreover they can include members of their family back in Zimbabwe on their policy, ensuring that