Pension Funds Eye Infrastructure and Solar Projects as Prescribed Assets
…but are they truly safe Insu24_Newsletter May Issue
Staff Writer
Insurance and pensions industry regulator, IPEC says the life assurance industry is moving long term products to pre-dominantly annually renewable products which is inconsistent with the spirit and intention of the Funeral Directive.
According to the Q4 2024, life assurance report, the direct life insurers reported insurance revenue of ZiG3.15 billion, equivalent to US$175 million, during
A total of 5 pension funds were registered during the year ended 31 December 2024 namely Bubi RDC, Contact Family Counselling Centre Provident Fund, Donhodzo Micro-Pension Fund, Medical and Allied Industry and Africa University Provident Fund.
Chipper, under Zimnat, was erroneously reported in the prior quarter as registered, yet unregistered.
Pension scheme sponsors and administrators should ensure
Staff Writer
HARARE, The Insurance Council of Zimbabwe (ICZ), an association of short-term insurers, says the industry is exploring new business lines through inclusive insurance and targeting the informal sector.
Currently, motor and fire insurance continue to dominate short-term insurance industry revenue in both local currency and US dollar terms.
Staff Writer
HARARE: Attending antenatal clinics or classes is important for the well-being of pregnant women and their babies as it equips them with knowledge, exposes them to screening and treatment for any health issues, Cimas Health Group’s doctor Martin Chirara has noted.
Dr Chirara was commenting in light of the theme for the recently commemorated World Health Day, “Healthy Beginnings, Hopeful
Staff Writer
HARARE, The Passengers Association of Zimbabwe national coordinator Mr Tafadzwa Goliath has said the introduction of a toll-free line is a welcome development, offering vital support to those in need, particularly when navigating claims or services.
This follows the launch by the
Staff Writer
Harare, The Insurance Council of Zimbabwe (ICZ) has launched an integrated emergency call centre (591), accessible free across the country’s networks and linked to critical emergency services.
Chairman David Nyabadza, at the launch said the toll-free call centre is directly integrated with critical emergency services, such as the Zimbabwe Republic Police (ZRP), ambulance services, insurers
Staff Writer
HARARE, The Reserve Bank of Zimbabwe (RBZ) says pensions provide financial security and dignity in retirement, encouraging long-term savings and contributing significantly to national capital formation.
Governor Dr John Mushayavanhu, at a recent media awards ceremony, said importantly, the insurance and pensions industry in Zimbabwe has been playing a critical role in mobilising domestic
The Insurance and Pensions Commission says it has not approved any of the currency conversion reports submitted by the industry, as they compromised the credibility of the currency conversion exercise, extending the deadline for submitting audited financial statements of pension and provident funds to 31 May 2025.
IPEC Strengthens Commitment to Integrity with Pledge Signing Ceremony
Harare: The Insurance and Pensions Commission (IPEC) on Monday held the Board and Management Integrity Sensitisation and Integrity Pledge Signing Ceremony, reinforcing its unwavering commitment to ethical governance and transparency.
The Zimbabwe Anti-Corruption Commission (ZACC) facilitated the ceremony held in Harare for the IPEC