Dear Valued ICZ Member and Stakeholder,
The Insurance Council of Zimbabwe (ICZ) in partnership with Brandvest T/A as Insurance24, will this quarter publish the Insurance Council of Zimbabwe magazine under the theme; Insurance Gaps.
In line with the theme, the magazine will provide an in depth look into the industry and offer latest industry news on short term and reinsurance business, in-depth analysis
Dear Valued ICZ Member and Stakeholder,
The Insurance Council of Zimbabwe (ICZ) in partnership with Brandvest T/A as Insurance24, will this quarter publish the Insurance Council of Zimbabwe magazine under the theme; Insurance Gaps.
In line with the theme, the magazine will provide an in depth look into the industry and offer latest industry news on short term and reinsurance business, in-depth analysis
Eating Only What You Kill – On Performance-Based Fees in the Pension Fund Industry!
Fees destroy value.
Rather put bluntly, but maybe a little bit of basic math will help justify the tone. Did you know that for every half-a-percent charge in fees a member’s accumulated retirement savings drop by a fifth by the time they reach retirement age. Put simply, if a member where to retire with $1 million
Zim can leverage on Climate funding to mitigate climate change impact
Staff Writer
Zimbabwe can leverage on Climate and environmental risk insurance funding available on the international market to help mitigate the impacts of climate change in Zimbabwe, United Nations Development Programme has said
This comes at a time developing countries have been urged to push for unconditional access to climate
Pension industry assured on offshore investments
Staff Writer
Insurance and Pensions Commission (IPEC) has assured the pensions industry that it will get all the necessary support to ensure smooth cross boarder supervision in relation to offshore investments at a time the industry is now considering alternative investment markets.
At a time the industry has faced major economic headwinds
Pension Funds hedge in equities and investment properties
Staff Writer
HARARE, Quoted equities and investment properties have been the main drivers of growth of the Pension’s industry asset base in 2021 with quoted equities now constituting a bigger portion of the investment.
During the period these had a combined share of 81,15% of the industry’s total assets as new contributions were being
Pension Funds Investing – How Long is the Long Term?
By Gandy Gandidzanwa & Itai Mukadira
For many, “long-term” has remained an abstract, elusive, and rather fluid concept with no clear and universal definition. No wonder then that it occasionally gets conveniently redefined to suit a particular narrative or argument. Investment textbooks have also not helped that much in clearing the
Funeral Assurers struggle to meet minimum prescribed asset ratio
Staff Writer
Funeral assurers are continually struggling to meet minimum prescribed asset ratio with an average prescribed asset ratio of 0.16% for the
sector by end of 2021 against a required ratio of 10%.
The Insurance and pensions commission (IPEC) end of year funeral report shows that all funeral assurers were not compliant with
Private Equity in Prescribed Assets – A Primrose Path for Pension Funds?
By GANDY GANDIDZANWA & ITAI MUKADIRA
Recent regulatory changes that have expanded the prescribed assets regime by according prescribed assets status to privately issued instruments has brought much hype and relief to the pension fund industry. It had been a long-time plea of the industry.
Private equity is one asset class
IFC, Zimbabwe Partner to Develop Agriculture Insurance to Protect Smallholder Farmers
Harare, Zimbabwe, February 15, 2022—IFC and Zimbabwe’s insurance regulator, the Insurance and Pensions Commission (IPEC), today announced a partnership to create a market for agricultural insurance products in Zimbabwe to protect smallholder farmers from weather-related crop damage and other shocks.
Through the