Aon on three ingredients for insurers to succeed with AI
By Insurance24
HARARE, Amid the vast changes brought upon the insurance industry by artificial intelligence (AI), an industry report has outlined three key ingredients needed for insurers to take advantage of the opportunities it presents.
According to Aon’s Global
Old Mutual limited confirms progress on strategic priorities after JSE listing…
R46.8bn to be returned to shareholders
HARARE, Old Mutual Limited (OML) in its first interim results since its primary listing on the Johannesburg Stock Exchange in June 2018, confirmed it was making good progress on its strategic priorities.
It stated its solid financial delivery in a tough operating environment,
Ipec approves Heritage pension fund liquidation
Walter Mapfumo
Staff Reporter
HARARE, Insurance and Pensions Commission (Ipec) has approved the liquidation of Heritage pension fund with an independent consulting actuary MAOS having been appointed liquidator of the fund.
The approval is as at December 31 2017. In an update Insurance Broking and Risk Management company, Marsh said all members, deferred
Do we need tougher licensing regulation among insurance professionals?
Compiled by Insurance24
HARARE, Many active women in insurance have, at some point in their careers, been hindered by a glass ceiling that limits their opportunities. During her years as an insurance professional, Eden Hancock (pictured) once hit a glass ceiling that seemed impenetrable.
Her decision was to leave that company
Pension funds seek nod to invest offshore…as IPEC looks to restructure the architect of the industry
LS (Own corresponded)
HARARE, Pensions Industry players are engaging government through regulator, the Insurance and Pensions Commission (Ipec) to be allowed to invest outside Zimbabwe to preserve value.
The pension’s funds recommendation comes in the wake of loss of value and savings by Zimbabweans
CBZ Holdings insurance units profitable in H1, 2018, as ratings also improve
Walter Mapfumo
Staff Reporter
HARARE, CBZ Holdings insurance units net underwriting income for the interim period ended 30 June 2018 increased to $4,69 mln compared to $3,94 million same period last year.
Group’s total income for the period amounted to $93,16 million compared to $80,47 million in June last year.
A statement
Insurers must investigate revocations in the case of third part policy holders
By Insurance24
HARARE, Insurers must investigate revocations in the case of third part policy holders to avoid paying claims twice, insurance 24 has learnt.
This was revealed by Gill, Godlonton and Gerrans Partner, Hebert Mutasa last week while he was presenting a paper on the Insurers Obligations in Relationship to Stipulations
African insurance providers who adopt a digital mindset can leverage innovative technologies to develop new business models and services that position them for growth. Kelly Preston, data analytics manager at SilverBridge, discusses the potential of the continent.
Zim pensioners feel financial pinch
August 23, 2018
Phillimon Mhlanga
Thousands of Zimbabwe’s pensioners are feeling thepinch of low retirement payout which has left them wallow in abject poverty, with experts describing the country’s pension scheme payouts as a “shame”.
There are basically four main sources of pension benefits in Zimbabwe. These are government pensions for civil servants, national
Old Mutual repositions its brand and readies for growth
Following its primary listing on the Johannesburg Stock Exchange (JSE), and secondary relisting on the Zimbabwe Stock Exchange in June 2018, Old Mutual has unveiled a vibrant new brand identity, to reflect its fresh customer-led approach and stronger focus on Africa. The company’s new visual personality draws on the optimism, vibrancy and