Deposit Protection corporation invites insurance companies for the provision on services
Insurance24
Deposit Protection Corporation (DPC) invites bound and sealed bids from reputable and well established insurance companies (no brokers) for the provision of insurance services.
Sadc insurance laws to be harmonized as Zim eyes hosting the CISNA regional office
Insurance24
HARARE, The Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) is looking at harmonizing laws governing insurance and capital markets across the Sadc region.
CISNA chairman Tafadzwa Chinamo told a press conference that this was in line with the Sadc’s principles for trade integration,
Non-life insurance companies record a 9.25% surge gross premium written during Q2 2017
Insurance24
Harare- The Insurance and Pension Commission says it is concerned with total assets of 31.46% for short term life insurers which is being concentrated on premium debtors and fixed assets.
In its half year report for Short Term (Non-Life) Insures Ipec said it is important for insurers to structure their
Insurance premiums to grow 5.6% per annum over next five years: Report
Insurance24
HARARE, BMI Research in its latest country risk report says despite Zimbabwe’s insurance markets remaining hostage to the country ‘ s widespread economic issues, the insurance sector will achieve growth over the next five years.
“The outlook for Zimbabwe’s life insurance market is moderate. We predict
ATI advances $200 million insurance support to Zimbabwe
Insurance24
HARARE, Finance Minister Ignatius Chombo says Zimbabwe as a member to the African Trade Insurance (ATI has received insurance support worth $200 million advanced to various projects in the financial, energy and mining sectors.
Last night the ATI launched in Zimbabwe, though the operations are covered from a regional office in Zambia.
“Zimbabwe
The African Trade Insurance Agency (ATI) launches in Zimbabwe
Insurance24
HARARE, The African Trade Insurance Agency (ATI) launches its presence in Zimbabwe tomorrow amid prospects of changing the country’s investment and trade risk profile.
The ATI is Africa’s export credit agency which provides political risk and trade credit risk insurance products with the objective of reducing the business
Absence of a prudential and market conduct regulator disadvantages health insurance in Zimbabwe: IPEC
Insurance24
HARARE, The Insurance and Pensions Commission (IPEC) says health insurance in Zimbabwe has malfunctioned oftentimes to the disadvantage of not only thousands of needy patients but also critical service providers.
These, according to the Manager Insurance and Micro-Insurance ,Insurance and
AHFoZ concerned about huge increase in drug prices
Insurance24
HARARE, The Association of Healthcare Funders of Zimbabwe (AHFoZ) has expressed concern over the huge increase in the price of drugs at most pharmacies, which it said could only worsen the suffering of patients.
In a statement, AHFoZ, which represents the country’s medical aid societies, said over the past three weeks most pharmacies
Ipec warns regulatory action for Life Assurers defaulting on minimum prescribed ratio
Insurance24
HARARE, Non-complaint life assures with the minimum prescribed ratio of 7.5% risk regulatory action, regulator, the Insurance and Pensions Commissions has warned.
For the period second quarter ended 30 June 2017, 8 players were fully compliant with the prescribed minimum prescribed ratio of 7.5% with the
Ipec warns regulatory action for Life Assurers defaulting on minimum prescribed ratio
Insurance24
HARARE, Non-complaint life assures with the minimum prescribed ratio of 7.5% risk regulatory action, regulator, the Insurance and Pensions Commissions has warned.
For the period second quarter ended 30 June 2017, 8 players were fully compliant with the prescribed minimum prescribed ratio of 7.5% with the