Ipec Bill sparks concern over rising medical aid costs

It also establishes a policyholder and pension protection fund, mandating medical aid societies to comply with new regulatory requirements.
By Blessed Ndlovu Jan. 24, 2025

The Role of Term Insurance in Tax Savings: What the Income Tax Section Means for You

Term insurance policy offers tax benefits and financial security to your dependents
By Newsday Jan. 22, 2025

Insurers bank on tech for growth

In an interview with NewsDay Business, Choeni said emerging technologies like InsurTech were enhancing customer experiences in the industry.
By Ashton Ndakusiya Jan. 22, 2025

Skills gap hampers risks management in insurance industry

Compounding these issues is the economic climate, with high inflation and currency instability raising operational costs and making insurance unaffordable for consumers.
By Ashton Ndakusiya Jan. 13, 2025

As 2024 ends, insurers fret over govt third-party insurance takeover

However, to this day, local players are yet to receive any details on how this takeover will occur.
By Melody Chikono Dec. 31, 2024

The Role of Life Insurance in Securing Your Family’s Future

When buying life insurance, evaluate your family's needs and expenses
By Newsday Dec. 27, 2024

Ipec wants more climate sustainability disclosures.

THE Insurance and Pensions Commission (Ipec) is seeking more disclosures from regulated entities to assess if they are offering climate change and sustainability related initiatives.
By Melody Chikono Dec. 1, 2024

Direct insurance policies up 12% in Q2

Ipec said all 19 short-term insurers reported capital positions above minimum requirement, with these insurers recording an average capital position of ZiG60,46 million as of June.
By Tatira Zwinoira Nov. 20, 2024

IIZ elects Chinyuku new president

The firm is a wholly-owned subsidiary of Waica Reinsurance Corporation PLC, a pan African reinsurer headquartered in Sierra Leone.
By Melody Chikono Nov. 14, 2024