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Patients murdered in insurance scam

Police have arrested a Kwekwe General Hospital nurse and her boyfriend as they widen investigations into a case in which patients were drugged and killed before their identification particulars were used to claim insurance cover from...

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...

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...

IPEC engages Govt over pension remittance

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...

Cimas to lose operating licence

Livingstone Marufu GOVERNMENT has given Cimas Medical Aid Society a seven-day ultimatum to honour all outstanding claims or lose its licence. Cimas has more than 30 000 members, and has allegedly been trying to direct them...

Nervy times at Fidelity Life

Enacy Mapakame and Livingstone Marufu A FORENSIC audit of Fidelity Life Assurance’s financial statements that started in April has been extended to August amid indications the auditors — KPMG Accountants — are keen to investigate...

Legal Matters: Insurance companies are not the devil

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...

Stinging charge sheet for Fidelity bosses

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...

Zima accepting seven medical aid societies

The Zimbabwe Medical Association (Zima) has revealed that it will be accepting health insurance from seven medical aid societies who have been complying with the 60-day payment rule, and or the gazetted tariffs.Liberty Insurance,...

‘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,...
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