Zimnat marathon raises $7 000 for Cebisani Ndlovu’s surgery: News release
HARARE, Zimnat’s first charity marathon, which was held at Barclays Sports Club in Harare on November 10, managed to raise almost the whole amount originally quoted for 30-year-old Bulawayo resident Cebisani Ndlovu’s spinal cord surgery.
When Mr Ndlovu approached Zimnat for assistance, the amount needed at that time for
Zimnat launches innovative ideas for new generation products programme
HARARE, Insurance and financial services company Zimnat is running an innovation accelerator programme which challenges developers, local hubs and universities to develop innovative ideas that will enable it to develop products suited to the 21st Century and beyond.
The programme will be enhanced through a competition
Zimnat holds charity half-marathon to assist Bulawayo man
HARARE, Zimnat is to hold a charity half-marathon on November 10 to raise money to assist a 30-year-old Bulawayo man, Cebisani Ndlovu, who needs spinal cord surgery.
Mr Ndlovu, who holds a Bachelor of Commerce (B.Com.) Honours degree in Risk Management and Insurance, is finding it increasingly difficult to walk, even with the aid of crutches,
Zimbabwean appointed Swiss Re, UK & Ireland CEO
HARARE, Swiss Re has appointed Tavaziva Madzinga as new chief executive officer (CEO) of UK & Ireland (UKI), succeeding Frank O’Neill who left the reinsurer in September.
Madzinga, currently market executive for the Middle East & Africa (MEA) across both property/casualty and life/health, will be based in London and remain a member
Cimas assists Chitungwiza cholera centre
HARARE, In response to the cholera outbreak beyond Harare’s borders, a high-powered team from Cimas Medical Aid Society has visited the St Mary’s Cholera Treatment Centre in Chitungwiza, where it handed over items for the treatment and prevention of cholera.
It also presented the centre with care packages for doctors, nursing staff and general hands working
CIMAS to continue accepting RTGS contributions
HARARE, CIMAS says it will continue to accept contributions from both Nostro FCA accounts and RTGs FCA accounts until a contrary directive is issued by the monetary authorities.
The countries’ economic situation is affecting the health sector as pharmacies and private hospitals are rejecting medical aid schemes with prices of critical drugs going
FMHL proposes transfer of TristarInsuarance business to NicozDiamond
HARARE, FMHL has approached government to make an application to transfer TristarInsuarance Company business to NicozDiamond in terms of section 33 (4) (A) of Insurance Act [Chapter 24.07.
FMHL during the year consummated a transaction in which it acquire NicozDiamond majority stake held by the National Social Security Authority
Investments boost Nyaradzo’s funeral business market share
Own correspondent
Vic -Falls, Nyaradzo Life Assurance Company’s investments into capacity over the years has seen it commanding 70% market share in funeral business and 26% in life insurance to date.
The group has been enlarging its footprint from funeral life insurance, events management, furniture and many others as it looks
Old Mutual plc unbundles from Nedbank
HARARE, London-based Old Mutual Plc (OMP) has now unbundled majority of its shareholding in the issued share capital of Nedbank Group Limited (Nedbank) to ordinary shareholders of Old Mutual following the conclusion of initial phases of unbundling of the group.
The Nedbank unbundling is the final step of the Managed Separation, which was materially completed
Residential stands boost Fidelity Life in H1
By Insurance24
HARARE, Strong revenue performance from residential stands sales and a solid growth in premiums lifted Fidelity Life out turn for the half year ended June 30, 2018.
Stand sales amounted to $12 million while gross written premium went up 43 percent as a result of refocusing the sale and distribution function.
“Therefore, the two revenue lines