National Health Insurance Scheme roll-out in Q1 2018: NSSA

National Health Insurance Scheme roll-out in Q1 2018: NSSA

Insurance24 Reporter

HARARE, The National Health Insurance Scheme (NHIS) will be implemented by end of the first quarter of 2018, the National Social Security Authority (NSSA) has said.

The establishment of the NHIS was first mooted years ago with a view to achieve universal health insurance cover in Zimbabwe.

In an interview, NSSA board chairman

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Medical aid societies call for inclusion on regulatory board

Medical aid societies call for inclusion on regulatory board

Insurance 24 Reporter.

Harare- Health Funders in Zimbabwe want Medical aid societies represented on the board of the proposed regulatory authority since the draft bill has since excluded them.

During the Bill’s consultative meeting held during the week by the Ministry of Health and Child Care, the Association of Healthcare Funders of Zimbabwe

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Indian insurance and finance expert to share fundamentals of micro insurance and micro pension

Indian insurance and finance expert to share fundamentals of micro insurance and micro pension

Insurance24 Reporter

Harare – Indian Insurance and Finance expert Ayandev Saha will next month headline the fundamentals of micro insurance and micro pension workshop that will be co-hosted by the Insurance and Pension Commission (Ipec) and the Insurance Institute of Zimbabwe.

The workshop schedule

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Sitting trustees who fail to attain the mandatory Certificate of Proficiency (C.O.P) face disqualification

Sitting trustees who fail to attain the mandatory Certificate of Proficiency (C.O.P) face disqualification

HARARE, The Insurance and Pensions Commission (Ipec) through Statutory Instrument 80 of 2017 is mandated to oversee and control pension funds in order to avert poor corporate governance and malpractices in the sector.

Gazeting of the Pension and Provident Funds (Amendment) Regulation S.I 80/17

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LOA takes initiative to de-mystify insurance as it stimulate national debate

LOA takes initiative to de-mystify insurance as it stimulate national debate

Insurance24 Reporter 

HARARE, According to the Insurance and Pension Commission (IPEC), almost 70% of Zimbabwe Stock Exchange (ZSE) listed companies are funded by insurance companies and pension funds as institutional investors.

On other hand, at least 77% of Zimbabwe’s adult population are believed do not have any form

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Healthcare funders discuss economy and industry regulation’s impact on industry

Healthcare funders discuss economy and industry regulation’s impact on industry

 Insurance24 Reporter

Harare- Healthcare funder’s stakeholders will this week gather in Victoria Falls for their annual conference which will among other things deliberate on the country’s economic outlook and regulatory issues impact on the sector.

The Association of Healthcare Funders of Zimbabwe (AHFoZ), the convener,

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Amended new insurance regulations gazetted

Amended new insurance regulations gazetted

HARARE, Government has gazetted the new insurance regulations on capitalisation of insurance firms which were proposed during the 2016 National Budget.

According to the amended rules, the minimum unencumbered capital for life assurance business, including funeral assurance, will be $5 million. Minimum capital threshold for non-life business is $2 million.

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Cash shortages leading to artificial claims inflation of 40%

Cash shortages leading to artificial claims inflation of 40%

HARARE, During the first quarter of 2017, Reinsurers reported a negative growth of 23% largely due to declining business written which was at $1.12 mln compared to $1.44 mln same period in 2016.

According to, IPEC’s Life Assurance report for the quarter the decline was attributed to the continued predominance of non-risk products in the

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Insurers in subdued trading in Tuesday’s ZSE trading session

Insurers in subdued trading in Tuesday’s ZSE trading session

Insurance24 Reporter

HARARE, There was limited activity on the shares of insurance companies listed on the Zimbabwe Stock Exchange (ZSE) as only two counters Old Mutual Zimbabwe and First Mutual Holdings were active albeit on a losing and gaining streak respectively.

Giant Old Mutual retreated by $0.0025 to close at $4.0132 coming down

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PSMAS introduces flexible plan targeted at informal sector

PSMAS introduces flexible plan targeted at informal sector

Insurance24 Reporter

HARARE, Premier Service Medical Aid Society (PSMAS) has unveiled a low cost, high benefit product called Shield Plan with subscriptions of $10 per month, per member, everyone can afford quality healthcare.
The product best suits the informal sector which now is the biggest employer in the country and the plan is

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