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Govt gives nod to Nssa funeral cover

BY Farayi Machamire HARARE ­ Government has moved to gazette the National Social Security Authority (Nssa)’s new and upgraded funeral cover for pensioners. Labour minister Prisca Mupfumira made the notice in a government gazette published on Friday under...

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...

Insurance can minimise the impact of disasters: Luke Ngwerume

More often than not misconceptions about insurance hinder people from taking up insurance cover. While other consumers regard insurance as either a luxury or just as being too expensive. Others do not see themselves...

Media should do away with negative stereotypes of women in insurance

BY Tafadzwa Chidoori For long Insurance and financial reporting has been the domain for man. Very few women practice fidnancial and insurance reporting in Zimbabwe. Risk and Insurance Zimbabwe (RI) managed to have a talk...

Civil service pensioners’ earnings set to increase

ZIMBABWE’S state run pension fund says government has paid up its contribution arrears by issuing US$180,9 million worth of Treasury Bills. The National Social Security Authority (NSSA) said government had been lagging behind in adjusting...

138 million Nigerians do not trust insurance

By Liz Booth The level of mistrust of insurance in Nigeria is sky high, according to a new survey that reveals 138 million out of the 190 million-plus population do not trust that insurance will...

Marine insurance faces skills shortage challenge

By Liz Booth The biggest challenge facing the marine insurance industry today is the lack of skills, according to one South African underwriter. Adriaan Bester, manager: marine, Lion of Africa Insurance, warned: “There is a shortage...

Bond Notes will not have an impact on insurance premiums

Ever since the introduction of bond notes and the subsequent inflation and the selling of United States dollars on the black market people have been worried that like in 2008, they risk the loss...
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