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Insurers seek regulatory permission for offshore investments

By Shame Makoshori, ZIMBABWE’S $4 billion insurance industry wants regulatory permission to invest some of its funds in offshore markets in a bid to mitigate domestic risk as the country’s economy shows signs of growing strain. The country’s regulations bar...

Global economy suffers $53bn natural disaster loss during 1H 2017: AON Report

Insurers face $22bn natural disaster payout with 76 percent of losses related to U.S. events Impact Forecasting, Aon Benfield's catastrophe model development team, today launches its Global Catastrophe Recap: First Half of 2017 report, which evaluates the...

First Mutual conducts free health checkups

First Mutual Zimbabwe contacted biometric registration on campus at a wellness programme organised by the University of Zimbabwe early this week. The Health insurance firm recently upgraded to biometric technology with the primary objective of...

Kuruneri sues health insurer

BY Daniel Nemukuyu Former Finance Minister Dr Christopher Kuruneri, who is in and out of hospital for stroke and hypertension, has taken a local health insurance company to the High Court seeking an order compelling the institution...

Why you should say “I do” to Wedding Insurance

BY Tafadzwa Chidoori The fantasy of every young lady is a big white wedding, with her wedding dress as the centre piece of the occasion, not to mention the cake, the well-dressed bride’s maids...

Why Comprehensive and not Third Party Motor Insurance?

More often than not people who buy Third Party Motor Insurance go around boasting that I have an insurance policy and when an accident occurs they are devastated to hear that the policy does...

Gvt moves to ease the cost and pain of withdrawing pension payouts

The government is considering a number of ways that will enable pensioners to have their pay-outs in a convenient way and at reasonable transaction costs. NSSA recently reviewed its pension payments upwards by 33.33 from the...

Pensioners deserve to have a decent life before they are accorded a decent burial

NSSA pay-out increases to do little for pensioners Pay-outs still below the Poverty Datum Line for self-sustaining individual and Total Consumption Poverty Line for an individual BY Donald Chidoori The National Social Security Authority...

Is there need for insurance policies in vernacular languages?

Insurance in general uses complicated language that is difficult to comprehend, according to a Risk and Insurance lecturer at the National University of Science and Technology lecturer, Smarntha Shoniwa. As a result, some people...

Insurance terminology and language discourage uptake of cover

Insurance companies have been cutting themselves out of the majority of the population because they have products that require talking to an advisor or agent first before purchase. Till today the terminology of insurance, conditions,...
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