Agents & Brokers

Agents & Brokers

Zimbabwe: IIZ Annual Winter School On Next Week

This year’s winter school will be headlined by the IIZ president and Ruvimbo Funeral Assurance CEO Dr Edward Gomba. Other speakers are First Mutual Holdings group marketing and strategy executive Ms Farayi Mangwende who will speak on the ...
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Most Zimbabweans not insured

HARARE – Zimbabwean insurance companies have been urged to come up with new products aimed at capturing at least 9,1 million people who are not insured. Finance ministry director Judith Rusike said insurance sector firms must play a ...
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Agents & Brokers Companies Life Insurance News Regulation Workers Compensation

Martin Kadzere: THE Insurance and Pensions Commissions (IPEC) has revised investments thresholds that pension funds and life companies can invest in public­listed companies and financial institutions. According to the new guidelines, not more than 15 percent of fund’s ...
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Agents & Brokers Commercial Lines Companies News Regulation

ZIMBABWE is working on a framework to regulate and formalise operations of micro­insurance firms targeting low income earners, the Insurance and Pensions Commission said. Micro­insurance has been identified as a critical instrument for delivering effective and efficient insurance ...
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Agents & Brokers Claims Commercial Lines Home Life Insurance Markets News Personal Lines Workers Compensation

A number of companies are not remitting deductions meant for pension fund contributions, putting into jeopardy workers retirement benefits. This has raised fears some of the funds could be directed to areas which they are not meant for ...
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Agents & Brokers Life Insurance Markets Regulation Reinsurance

THE Insurance and Pensions Commission has launched a blitz on unregistered insurance agents and fake insurance cover notes, a senior IPEC official said. The operation is being conducted by IPEC in conjunction with the Zimbabwe Republic Police and ...
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Agents & Brokers Commercial Lines Companies Home Life Insurance Markets News Regulation

Harare Bureau: THE Commissioner of Insurance and Pensions has started penalising pension funds and insurance companies that failed to comply with prescribed asset ratio requirements as at December 31, 2015. In July 2014, the Ministry of Finance and ...
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Agents & Brokers Commercial Lines Companies Home Loss Control News Regulation

Enacy Mapakame: THE prevailing weather conditions that are being induced by the El Nino will likely eat into the earnings of local crop insurers. Local crop insurance business generate an average of $6 million from the business. It ...
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Accident Agents & Brokers Auto Claims Commercial Lines Health Home Life Insurance Motor News Personal Lines Regulation

Insurance as a business is largely divided into two broad categories: short-term and long-term. The first is technically called indemnity or property insurance, while the second is non-indemnity or life insurance. Short-term is so-called because the contract hardly ...
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Agents & Brokers Commercial Lines Companies Home Life Insurance Markets News

Livingstone Marufu Business Reporter FIDELITY Life Assurance, buoyed by the runaway success of its housing projects in Harare South, is now angling to increase its land bank for business and office stands as management feels this will better ...
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