Insurers, Fidelity Life and Zimre Holdings trapped in CFI Holdings shareholding debacle

 Insurance24 reporter

HARARE, Fidelity Life Assurance may find itself in drenched position if Messina Investments successfully execute its bid to reverse the Langford Estates land sale, the transaction it has branded illegal.

Fidelity has since begun the necessary processes to commence construction of about 11

FBC Insurance seeks technology driven growth as it partners SSP Insurance

Insurance24 Reporter

HARARE, FBC Insurance in its quest for growth and lowering costs has partnered SSP Pure Insurance, a global provider of technology systems and solutions across the entire insurance industry.

According to the company’s website, SSP is a global provider of technology systems and solutions across the entire

The ZSE Monitor: FML among top movers, as Nicoz trade flat

HARARE, First Mutual Holdings Limited is among today’s top movers on the Zimbabwe Stock Exchange (ZSE) after adding $0.0020 to trade at $0.1140. Among the insurance companies, Nicoz Diamond also traded flat on $0.03 cents with 25 000 shares changing hands in a Monday session where no counter traded in the negative.

Old Mutual, Fidelity and

The ZSE Monitor: Insurance companies miss out on ZSE recovery

Harare, As the industrial index resumed the upward trend in mid-week trading session, only two insurance companies were active though with little contribution to the positive trajectory.

First Mutual Holdings traded flat at 11cents with a total 106 258 shares changing hands at a value of $11 688.33. On other hand, giant Old Mutual Plc was

The ZSE Monitor: Little appetite for insurance companies in Tuesday’s session

HARARE, There was little appetite for Insurance companies in Tuesday’s trading as witnessed by a small trade in Old Mutual Limited shares albeit on flat rate of $3.93.

All the other insurance companies muted on their previous closing prices did not trade in a session which also saw the Industrial Index retreating 0.33%

Insurance companies, pension and provident funds targeted for $80 mln AMA Bills

Insurance24 reporter

HARARE, Financial advisor in the $80 mln Agricultural Marketing Authority (AMA) Bills, CBZ Holdings is inviting insurance players among other investors to subscribe for the bills, it said in a statement.

AMA intends to issue the bills to raise finance for the purchase of maize for the 2017 buying season

Zimnat upgrades the Whole Life Plan with additional benefits

Insurance24 reporter

HARARE, Zimnat Life Assurance has upgraded its Whole Life Plan to include additional benefits as the company seeks to consolidate its position on the market. 

Chief Operating Officer Elizabeth Rabvukwa in an emailed response to Insurance24 said the product while not entirely new, is a revised and revamped product.

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