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
Old Mutual announces half year operating profit growth of 27% to hit $34.3 million
Harare– Old Mutual Zimbabwe’s Group CEO has announced, during the company’s half-year analyst briefing, an operating profit of $34.3 million representing growth of 27% for the first half of 2018.
Speaking to analysts during the briefing session held today, Mr Jonas Mushosho, Old Mutual Zimbabwe CEO and
ZB Holdings insurance units revenue flat at $4.9 mln in first half 2018
By Insurance24
HARARE, ZB financial holdings says its net revenues from its insurance activities remained flat at $4.9 million, with gross premiums having increased by 6% in the half year ended June 30 2018.
Gross premiums increased to $16, 5 million in H1 2018 from $15,5 million same period last year.
In the
NSSA revenue in marginal decline in 2017, but profit in massive jump
By Insurance24
HARARE, The National Social Security Authority (NSSA) revenue for 2017 declined a marginal one percent to $349 mln largeley as a result of declining contributions and premiums as registered employers number declined due to company closures.
Despite that, NSSA, profit for the year significantly went up to $149 million
Econet enters the Short term (non-life) insurance space…urged to play fair with competitors
By Insurance24
HARARE, As at 31 December 2017, there were 20 Short Term (Non-Life) companies registered by the regulator, the Insurance and Pensions Commission (Ipec). Business was dominated by companies who had strong capital positions. For instance, during 2017, Old Mutual Insurance Company, Nicoz Diamond
Life Assurance not only about death…But are investments and pensions too: ZIMNAT COO
By Insurance24
HARARE, Life assurance is largely associated with death and benefit accrued thereof. However, one is bound to think so, as a life insurance contract is defined as a contract in which: benefit may be payable on or following the death of the policyholder; or benefit(s) may be payable provided the
Nyaradzo Life Assurance unveils Sahwira International Plan (SIP), set up Service Centre in the United Kingdom
By Insurance24
HARARE, Diversified insurance group, Nyaradzo Life Assurance Company has unveiled a pioneer product, the Sahwira International Plan (SIP) targeted at Zimbabweans living in the diaspora.
Currently, more than 3 million Zimbabweans are in the diaspora with bulk of them in South
Zimpost launch low cost cash funeral plan…underwritten by First Mutual Life Assurance Company
By Insurance24
HARARE, Zimbabwe Posta (Zimpost) has unveiled a low cost funeral product known as PostLife Funeral Cash Plan which offers a cash benefit upon death of an insured person. The product is underwritten by First Mutual Life Assurance Company.
At the launch, Zimpost acting managing director
ZB Holdings insurance units in contrasting profit positions during five months 2018
By Insurance24
HARARE, ZB Financial Holdings life assurance business ZB Life Assurance premiums for the five months to May 2018 increased 22% to $5.3 mln compared to $4.3 mln same period in 2017, which resulted in improved profitability.
Group chief executive officer Ron Mutandagayi in a trading update
IPEC/Industry players take insurance awareness to Gweru as Zimbabwe joins rest of world in commemorating Insurance awareness day
By Insurance24 – Statement by Lloyd Gumbo- IPEC Public Relations Officer
HARARE, As the Insurance and Pensions Commission and the insurance industry in Zimbabwe, we join the rest of the world in commemorating the Insurance Awareness Day.
Insurance Awareness Day is observed