Old Mutual in talks to acquire Moonlight Funeral Assurance
HARARE – Old Mutual is in talks to acquire Moonlight Funeral Assurance as part of its efforts towards forward integration, complementing its life business.
Old Mutual is the country’s largest life assurance company controlling about 38.71% of the market in June 2019 in terms of revenue and 79.71% in terms of assets. Old Mutual
ZIMRE HOLDINGS awarded: A PEEP into ZHL’s operations
HARARE, On 21 November 2019, ZimRe Holdings Limited (“ZHL”) was selected by the Institute of Chartered Secretaries and Administrators (“ICSAZ”) as the First Runner Up in the Insurance Category, in the 2019 Excellence in Corporate Governance Awards. The Awards were instituted by ICSAZ with the main intention and objective of promoting
Health Medical Bill: CIMAS boss speaks
Noah Kupeta
CIMAS Medical Aid Society Chief Executive Officer Vulindlela Ndlovu stressing a point during the Insurance and Pensions Journalism Mentorship Program in Harare. The Program is sponsored by IPEC, NSSA and ZimSelector.Com
HARARE: CIMAS Medical Aid Society Chief Executive Officer Vulindlela Ndlovu has added his voice on the proposed Health Medical
Old Mutual Zimbabwe appoints new CEO
Harare -Old Mutual has appointment Samuel (Sam) Matsekete as the Group CEO-designate of Old Mutual Zimbabwe Limited (OMZIL).
Sam will commence service on 1 January 2020 following the retirement of the current Group CEO, Jonas Mushosho at the end of 2019.
He joins Old Mutual from First Capital Bank, where, in his current role as the Managing Director, he led
Zimnat scoops eight Exceptional Marketing awards
HARARE, Zimnat, a leading player in the insurance and wealth management industry for more than seven decades, won eight awards for marketing excellence at the 2019 Marketers’ Association of Zimbabwe Exceptional Marketing Awards ceremony in Bulawayo.
The awards ceremony is held annually in recognition and celebration of excellence for organisations
Proposed Medical Aid Societies Regulatory Bill biased
Staff Writer
ONE of the county’s largest medical aid services provider CIMAS says the proposed Medical Aid Societies Regulatory Bill entrenches conflict of interest instead of eliminating it as it seeks to protect only the healthcare providers and consumers and not the industry
In 2017, the Minister of Health and Childcare (the Ministry) circulated
Consistent portfolio management a necessity
Staff Writer
HARARE, First Mutual Wealth general manager Thomas Muswiti has said consistent portfolio management and re-balancing is a necessity as pension members progress through their Income Life Cycle and ordinarily migrate on the risk matrix.
He recently said this while making presentation at the Zimbabwe Association of Pension Funds (ZAPF) Principal
CellMed Health Medical Fund partners Hollard Cigna Health in new product
Staff Reporter
HARARE, CellMed Health Medical Fund is set to launch a new medical aid product in partnership with the Hollard Cigna Health Product.
The product, according to CellMed, enable members to access international medical treatment.
“We have partnered with Hollard (who are innovating across Africa) and Cigna (a global
Cimas fears potential stock outs
Staff Reporter.
Medical aid services provider Cimas says its facing imminent potential stock outs on critical medicines supplies and reagents due to soaring replacements costs.