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

Pension Funds called to regularise Boards of Funds

Staff Writer

The Insurance and Pension Commission (Ipec) has called on pension funds to regularise, by fully and properly constituting their board of funds, in terms of the requirements in terms of Section 22 of the Pensions and Provident Funds Act (Chapter 24: 32).

With the coming into effect of the ACT, all funds were required to comply with the

Prove your worthy to breach the gender gap- Chinyuku

Moonlight director Masunda has died

Staff writer

Moonlight Group Assurance Director, Tichanzwana Masunda, has died.

While details around his death are still not clear, Moonlight announced his death.

“We are deeply saddened by the untimely death of Moonlight Assurance Director, Mr. T. Masunda. We extend our utmost condolences to the family, friends, and co-workers. May his soul rest in peace,” read

Risk anti-selection: A potential threat to reinsurance

FOR years, the insurance industry has faced various headwinds, most of them linked to economic performance given that the two are intertwined.

However, some of the challenges have been sector-specific, for example, the externalization of risk, which has turned out to be a continental challenge.As an establishment meant to minimize the adverse