Claims

Claims

Claims Risk Management

By L.S. Howard Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report published by Allianz Global Corporate & Specialty (AGCS). Allianz revealed that business interruption – including supply ...
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Auto Claims Funeral Health Life Insurance Motor News People

The Insurance and Pensions Commission (Ipec) says that the introduction of the Road Accident Fund (RAF) will lead to the collapse of eight (8) short term insurers whose income is heavily dependent on Third Party Vehicle Insurance (TPI) ...
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Claims Funeral Life Insurance News Regulation Reinsurance Reinsurance & Capital Markets Reinsurance Markets

Yesterday,  the Insurance and Pensions Commission unveiled, the ‘Second Quarter (Q2) Life Assurance Report for 2017’, which puts the operations of life insurers and reinsurers under the microscope. Based on the findings of the report, the combined asset base ...
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Claims News

ZIMBABWE’s biggest short-term insurer, NicozDiamond, says its gross premium written for eight months to August 2017 surged 6 percent to $30 million driven by business generated from new channels. General manager corporate services, Ms Gloria Zvaravanhu, said the ...
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Claims Featured Home News Personal Lines Technology

The development of social media platforms like Instagram have enabled people to instantaneously show friends and family where they are. People no longer have to wait until the end of a holiday trip to tell their friends and ...
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Agriculture Captive Risk Claims Commercial Lines Emerging Risk ERM Funeral Health Life Life Insurance Loss Control Marine Markets Money Motor News P & C People Personal Lines Risk Management RM Function

First Mutual Holdings Limited (FMHL) was awarded the best Turnaround company on the Zimbabwe Stock Exchange for FYE 2016 at the recently held Zimbabwe Independent 2017 Quoted Companies Survey (QCS). The QCS seeks to measure the performance of firms ...
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Claims Commercial Lines News

Over the past few years Zimbabwe has witnessed an increase in insurance fraud largely due to an increase in cyber crimes and complexities in the insurance industry. The country’s insurance and pensions regulator, Ipec reports that the country ...
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Claims Commercial Lines News Uncategorized

Heritage Insurance Company has been ordered by the High Court to pay nearly US$1 million to a company whose property was gutted by fire three years ago after its rejection of the claim by disowning the client failed. ...
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Claims Companies Health News

By Cecilia Chidoori Corporate 24 Hospital group in a public notice warned clients on Cimas Medical Aid to make payments of services rendered by Corporate 24 within seven days, or their debt collectors would pursue recovery. Corporate 24 ...
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Claims Health News

Private doctors are reportedly “over treating” their patients by ordering unnecessary procedures like laboratory tests, x­rays and scans to milk health insurers. This is despite the fact that Zimbabwe’s healthcare costs are arguably the highest in the region. ...
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