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David Birch

Workers take over THI Insurance

The changes in the shareholding structure have seen David Birch assuming the chairmanship of the board to provide policy direction to the insurer. Birch has spent 35 years at THI, while managing director, Hamish MacLean...

Zim in Bid to Improve Funeral Assurance Business

By Melody Mashaire Gweru — ZIMBABWE is in the process of reviewing three Acts under the administration of Insurance and Pension Fund Commission in order to improve funeral assurance businesses in the country. Addressing delegates at...

Risk Management – How retailers can benefit by forming a captive insurance company

Consumer spending, the lifeblood of the retail industry, is depressed in today’s business climate. Job growth is anaemic, and revenue projections are difficult, at best.   There is no question that globally, the financial services industry,...

Insurance sales boost Old Mutual H1 revenue 11pct to $139,7mln

HARARE,– Old Mutual Zimbabwe registered an 11 percent jump in total revenue to $139,7 million in the six months to June 30, driven by a 60 percent surge in non-life sales. Old Mutual is an...

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...

Zim insurance services ‘elitist’, need re- modelling

Leonard Ncube and Hazel Hweta: INSURANCE companies should repackage their products to make them affordable to low income earners who constitute the bulk of the population and cannot afford expensive policies currently on the...

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...

IPEC launches blitz on unregistered insurance agents

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...

Tepid economy hits pensions: Report

ZIMBABWE’S tepid economy has seen most companies delaying pension remittances resulting in arrears amounting to 73% of total contributions in the full-year to December 2015, an insurance sector report says. By Bernard Mpofu The country’s insurance...
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