NON-LIFE insurers' profit after tax jumped 52,34 percent to $16,34 million in the 12 months period to June 30, 2018 compared to the same comparative period the prior year, according the Pensions and I...
INSURANCE companies are reeling from the mayhem on the country's roads caused by reduced police presence amid revelations of a sharp increase in loss ratios of vehicles being mostly used as illegal ta...
Insurance executives will tell an analysts briefing their companies are now in the business of paying claims owing to the absence from the roads.They might not have foreseen the spike in accidents whi...
Profit after tax for non-life insurers more than trebled to $33,63 million in 2017 from the previous year aided by a growth in gross premium written (GPW) and investment income, a new report by the in...
NON-LIFE insurance companies registered 250 percent growth in profits to $33,6 million in the 12 months to December 2017, according to Insurance and Pensions Commission (IPEC)'s 2017 fourth quarter re...
The absence of police on the country's roads has left individuals, corporate and insurance companies exposed to serious risks caused by flouting of regulations by unlicensed cars and drivers as well a...
CIMAS CEO Vulindlela Ndlovu says the health insurance industry in Zimbabwe could be losing $160 million annually through fraud, errors and leakages.Ndlovu told journalists attending the Zimselector me...
Insurance policy-holders and pensioners should be compensated for loss of value suffered as a result of hyperinflation in 2007-8 and the country's adoption of a multi-currency system in 2009, a commis...
The proposed annual registration of medical aid service providers is a threat to continuity of business and confidence as this is likely to create uncertainty and promotes looting by members, Associat...
ZIMBABWE'S insurance firms are rapidly realising that they will need to strategically partner with deep-pocketed and innovative players in the industry to stay relevant in an increasingly digital envi...
Government has begun consultations for a draft Medical Aid Societies Bill that is expected to regulate health insurers in the country if promulgated into law, Health and Child Care Secretary Dr Gerald...
Government, in partnership with health insurers and medical doctors, has embarked on a process to ascertain the actual cost of medical services in Zimbabwe to address the impasse that has existed betw...
The Insurance and Pensions Commission (Ipec) is threatening to de-register insurance companies and brokers that are failing to meet client claims on time in the wake of a worsening economic situation,...
Short term insurers have been warned against engaging in unethical practices that could be detrimental to the industry.Mr Pupurai Togarepi from the Insurance and Pensions Commission told delegates at...