Agents & Brokers

Agents & Brokers

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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Agents & Brokers Claims Commercial Lines Life Insurance News Personal Lines Regulation

Darlington Musarurwa and Africa Moyo STINGING allegations of breaches of exchange control regulations, fraud and financial impropriety have become the core of a possible charge sheet against Fidelity Life Assurance (FLA) directors – Mr Simon Chapereka, the managing ...
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‘Dr Parirenyatwa sleeping on duty’

Following the tiff between doctors and medical aid societies, the Zimbabwe Medical Association has laid the blame on Health and Child Care Minister, Dr David Parirenyatwa. Zima had threatened that with effect from July 1, medical aid card holders ...
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Accident Agents & Brokers Auto Companies Motor News Regulation

Livingstone Marufu THIRD party insurance premiums for motor vehicles have been hiked by 20 percent to $36 per term from $30 last year for light vehicles, while premiums paid by commuter omnibuses have been revised to $88 from ...
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African insurance: A giant awakens

WHEN KPMG, the advisory company, held its inaugural East Africa Insurance Conference in February, organisers were surprised that more than 100 industry participants attended. James Norman, KPMG’s regional insurance head, was equally enthused when a similar number attended ...
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LEGAL MATTERS: Motor vehicle insurance and the law

Tichawana Nyahuma and Enard Chiguvu The Sunday Mail The main principle underlying property or indemnity insurance is to put the insured into the position he would have been had the insured thing not been damaged or lost. At ...
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Errant insurance, pension firms in the firing line

THE commission of inquiry appointed by Government last year to look into the potential prejudice suffered by pensioners and policyholders through the conversion of values from the Zimbabwean dollar to the United States dollar is facing dogged resistance ...
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Accident Agents & Brokers Auto Claims Motor News Regulation

Fake motor vehicle insurance policies have flooded the country with millions of dollars being lost to fraudsters, Transport minister Joram Gumbo has said. Gumbo, in a ministerial statement to the National Assembly on Thursday, said there was a ...
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Agents & Brokers News Regulation

HARARE ­ Zimbabwe’s insurance regulator has suspended short­term insurance firm, Heritage, from issuing or renewing policies due to poor financial position. The Insurance and Pension Commission (Ipec) yesterday said it will provide the market with updates on the ...
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