Zim/Africa needs to embrace trade credit insurance
Staff Writer
ZIMBABWE and Africa need to embrace trade credit insurance as it helps to close a number for gaps in the financial markets, providing and additional of security, Insurance24 reports.
Trade credit insurance is a type of business policy that protects a company’s accounts receivables against losses

Gazetting of the US$-indexed minimum capital requirements advanced: IPEC

Staff Writer

The Insurance and Pensions Commission (Ipec) says the gazetting of the US$-indexed minimum capital requirements for short-term insurers is at an advanced stage, hence all players are expected to assess their current capital positions.

The government last year finalised regulations for the new solvency regime for the

RBZ issues administrative guidance for outstanding auction and retention balances

HARARE, The Reserve Bank of Zimbabwe (RBZ) has issued through the Exchange Control department administrative guidance and compliance parameters to authorised dealers of foreign currency.

Exchange Control acting director, Tafadzwa Muvevi through section 35 (1) of the exchange control regulations statutory instrument 109

ICZ considering working with the Glenview Home industry to mitigate perennial fires

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Insurance companies should consider group insurance: Farmers

Staff Writer

Insurance companies in Zimbabwe should consider offering group insurance to smallholder farmers to increase uptake of agricultural insurance, Insurance 24 has learned.

This comes as agricultural insurance uptake, especially for smallholder farmers, has remained low despite concerted efforts to increase it.

Farming activities are

Pensions compensation set for March 2024 delayed further

Staff Writer

The Insurance and Pensions Commission (Ipec) says actual payments under the pre-2009 compensation schemes, which were initially scheduled to commence in March 2024, will not be possible as the assessed compensation schemes are not compliant.

Ipec, in a notice to the public, said it received and assessed 1,249 complete submissions

TIMB partners with AFC Insurance to improve the accessibility of insurance services

Staff Writer

The Tobacco Industries and Marketing Board (TIMB) says it has partnered with AFC Insurance to improve access to insurance services for small-scale tobacco farmers, Insurance 24 reports.

Insurance and pensions industry should retrace its footsteps

Staff writer

Nyanga: The insurance and pensions industry needs to go back in time and create value for the economy and policyholders, an expert has said.

This comes at a time when the financial services sector, despite efforts, is battling confidence issues as people are still recovering from the 2009 hyperinflationary losses and the 2019

Actuaries secretariat to advance brand visibility

Staff Writer

The Actuarial Society of Zimbabwe (ASZ) has established a secretariat as the profession continues to expand and make its brand more visible in solving developing problems.

ASZ President-elect Tafadzwa Prosper Matiashe said at the launch last week that the ASZ brand will be more visible and take part in solving emerging problems.

“Our organisation