By Insurance24
HARARE, Marsh & McLennan Companies has announced its second quarter financial results, reporting an underlying revenue increase of 3%, boosted by a strong performance in Risk & Insurance Services, which achieved 5% underlying growth in the quarter.
Consolidated revenue in Q2 of 2018 was US$3.7 billion, an increase of 7% compared with the second quarter of 2017. Total net income
Nyaradzo Life Assurance acquires specified hearses…..News Release
By Insurance24
HARARE, Nyaradzo Life Assurance’s funeral services division has acquired three hearses which are on standard Toyota bodies modified to Nyaradzo’s specifications.
The three Toyota 2.4 L 4×4 GD6 engine hearses were delivered yesterday
Reasons for the Design of the Vehicles
Nyaradzo Group has clients who are spread
By Insurance24
HARARE, Client referrals are a key part of growing any business yet some brokers still aren’t sure how to approach their customers for contacts or recommendations – now, one industry expert is offering his advice.
“Your existing client base is one of your most valuable assets and top performers generate the majority of their new business from referrals,” says Clifton Warren,
Positive investment returns drives Mining Industries Pension Fund (MIPF) funding level to 77.5% in 2017
By Insurance24
HARARE, Funding level for the Mining Industries Pension Funds’ (Miff) improved to 77.5% in 2017 compared to 58.1% in 2016 with the growth largely attributed to a positive investment returns achieved on the assets of the fund during the year.
The Pension fund in a circular to
5 Top Trends In Accident Insurance
By Insurance24
HARARE, If I asked you to name a billion-dollar-selling employee benefit, accident insurance might not be the first to jump to mind.
But it is: $1.1 billion in premium last year, to be exact. Eastbridge Consulting Group reports voluntary accident insurance is an increasingly popular employee benefit, with sales surging nearly 40 percent between 2013
Fewer Severe Natural Disasters In 2018; Overall Losses Below Average
Compiled by Insurance24
HARARE, Munich Reinsurance released new data showing that worldwide natural disasters are way down so far in 2018.
Here is an overview of natural catastrophe figures for the first half of 2018:
– The overall losses of US $33 billion were roughly half those of the previous year and of the price-adjusted
Zimbabwe Pension and Insurance Tights Trust (ZImPirt) differs on IPEC’s as it also pokes registered entities
By Insurance24
HARARE, The Zimbabwe Pension and Insurance Rights Trust (ZImPirt) says the recent warning for the public not to engage organizations purporting to be insurance or pension’s experts indirectly takes away the public’s freedom to associate, which is unconstitutional.
Insurance
Predictive analytics vital for personalised insurance
By Insurance24
HARARE, Having access to sophisticated predictive analytics has become a business priority for insurers. Being able to factor in historical and real-time data to analyse patterns, determine risk, and identify trends is now fundamental to insurance success. Kelly Preston, data analytics manager at SilverBridge, discusses its importance
Pensions industry total income surges to $722m in2017
HARARE – The pensions industry’s total income for the year ended 31 December 2017 totalled $722.47 million; with contributions and fair values gains in equity amounting to $398.76 million and $139.08 million, respectively, a report released by the Insurance and Pensions Commission (Ipec) shows.
In its pensions report for the period under
EcoSure Moovah set to disrupt the short-term insurance industry for the good of motorists: Econet Cassava CEO
By Insurance24
HARARE, Econet through its recently licensed Econet Insurance (Private) Limited has unveiled a short-term motor vehicle insurance service EcoSure Moovah, which it said is set to disrupt the short-term insurance industry for the good of motorists through its attractive value