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Zimre increases stake in Credsure

BY Tinashe Makichi  Zimre Holdings Limited now controls an 80 percent stake in Credit Insurance Zimbabwe (Credsure)following a successful rights issue meant to recapitalise the business. BancABC, ZB Reinsurance, ZB Bank, Credsure Staff Share Trust control...

Get closer to communities, insurance firms urged

BY Sukulwenkosi Dube-Matutu,  INSURANCE companies should open branches in rural communities to broaden their business and increase national savings. Insurance and Pension Commission (IPEC) head of prudential services, Mr Pupurai Togarepi, said this at the offcial opening of a...

Africa insurance giant targets Zim

HARARE ­ One of Africa’s leading insurance firm, ZEP–Re, is seeking to extend its business into Zimbabwe, businessdaily has established. ZEP–Re, which is also known as Preferential Trade Area (PTA) Reinsurance Company, underwrites life and nonlife reinsurance...

Zimnat to introduce agric­ oriented Insurance products

BY Enacy Mapakame  INSURANCE firm, Zimnat group says it will introduce new agriculture oriented products for the growing informal sector, leveraging on its recent partnership with Sanlam Emerging Markets. Zimnat General Insurance managing director Stanley Mazorodze said...

CBZ Holdings to launch SMEs pension fund

Zimbabwe Stock Exchange ­listed CBZ Holdings is set to establish a pension fund for small to mediumenterprises to be underwritten by its Life business. CBZ Holdings chief executive Never Nyemudzo told media at the SME’s...

Cameroon to host Mobile Insurance Forum

The Access to Insurance Initiative (A2ii), International Association of Insurance Supervisors (IAIS) and the Inter-African Conference on Insurance Markets (CIMA) will hold the Mobile Insurance Conference in Douala, Cameroon on 23 and 24 February 2017. The...

Managing major market risks: How are you preparing for the Bond Notes?

By Thomas Sithole Throughout my line of work in Enterprise Risk Management, I have come to appreciate that when it comes to risk, there are events that we can influence and others that no one...

CBZ insurance to spread its wings into Sadc

BY TATIRA ZWINOIRA CBZ Holdings Limited is planning to spread its insurance business to five Sadc countries next year, as part of its global reach strategy. In 2014, the bank adopted a new vision for the...

Doves Holdings to increase market share

DOVES Holdings plans to ride on its reputation as the country’s oldest funeral service provider to consolidate its growth trajectory and increase its market share.Apart from growing domestic sales, the company will also focus on the...

Insurance Industry misses out on business opportunities

By Donald Tafadzwa Chidoori The Insurance industry missed out on an opportunity to market their products at the just ended Local Government Investment Conference that was held in Victoria Falls from 17 to 21...
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