Zimbabwe’s insurance rate remains negligible
Despite efforts made by the Insurance and Pensions Commission (Ipec) to improve the insurance penetration rate in the country, IIZ reports that it remains at a paltry 3%.
By Blessed Ndlovu
Aug. 18, 2024
‘Insurance contracts voidable if material information withheld’
The commission understood the need for insurers to settle claims within agreed timeframes to protect claimants from loss of value.
By Tatira Zwinoira
Aug. 14, 2024
Time for Zim pension funds to invest in physical gold
It is true that local pension funds took up most of the gold coins issued by the Reserve Bank of Zimbabwe.
By Vince Musewe
Jul. 19, 2024
Ceteris Paribus: Funeral assurance in Zim: A look into market viability
Fidelity Life, with the most diverse revenue streams, held only an 8% market share
By Tinashe Duma
Jul. 19, 2024
Ipec drafts regulatory framework for agric insurance index implementation
Ipec first announced the project in May 2023, saying it was a partnership with the International Finance Corporation (IFC).
By Belinda Chiroodza
Jul. 16, 2024
Delay in pension compensation irks legislators
This comes after Finance deputy minister David Mnangagwa recently announced a US$175 million commitment towards addressing the issue.
By Harriet Chikandiwa
Jul. 16, 2024
Short-term insurers see rise in forex business
The Zimdollar was in April replaced by Zimbabwe Gold, a currency backed by gold and forex reserves.
By Melody Chikono
Jul. 15, 2024
Pension funds, insurers lack funds to adopt IFRS 17
Ipec gave funeral assurers up to September to adopt IFRS 17 or possibly face penalties.
By Belinda Chiroodza and Tafadzwa Mhlanga
Jul. 7, 2024
Funeral assurers get ultimatum over IFRS 17
Despite the challenges faced by funeral assurers, Muradzikwa praised the broader industry for its proactive approach to IFRS 17.
By Melody Chikono
Jul. 5, 2024
