Published: 06 March 2018

Zimbabwe's funeral assurers' net premium written for the quarter to September 30, 2017 rose by 11 percent to $125,36 million, according to the latest quarterly report by the Insurance and Pensions Commission (IPEC).

The stats show that life assurers wrote 76,24 percent of the net written premium while the balance (23,76 percent) was written by 9 direct funeral assurance companies.

Notwithstanding the sector's overall net premium growth for the period under review, IPEC highlighted that . Five companies namely Orchid, First Funeral, Moonlight, Passion and Ruvimbo funeral Assurance Company reported a decrease in net written premium ranging from negative 60 percent to negative 2 percent.
- The Herald

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