Life Insurance

Life Insurance

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 ...
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 ...
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 ...
Claims Commercial Lines Home Life Insurance Markets News Regulation

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 suspended MD Mr ...
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 ...
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 ...
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 ...
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 ...