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Insurance capital requirements to increase-IPEC
The Insurance and Pension Commission (IPEC) plans to increase minimum capital requirements to enable its members to meet payment claims.
Zim short sector sees growth
The Insurance & Pensions Commission (IPEC) says the country short term sectors continued to register significant growth with gross premium written increasing from $11...
Premium income growth for Fidelity
Listed insurance concern, Fidelity says its premium income went up 53 percent at the end of last year at $11, 8 million compared to $7,7million in 2010.
OM acquires Manica Boards
Old Mutual Alternative Investments has concluded its acquisition of a 40 percent stake in Manica Boards (MBD) through a $6,4 million private placement.
Big insurers may not face same capital rules as banks
Insurance companies judged too big to fail are likely to face different rules to their banking counterparts who were told this week that they will be subject capital surc...
Big Four auditors face massive shake-up
The "Big Four" global auditors could be broken up, leaving them susceptible to takeovers if radical European Union plans to boost competition go ahead, a UK auditing offi...
Regulators warn defiant Afre
The Zimbabwe Stock Exchange, Securities Commission of Zimbabwe and Insurance and Pensions Commission have warned Afre Corporation from proceeding with an AGM and EGM sche...
Last Updated ( Monday, 26 September 2011 10:28 )
Old Mutual Zim's $100m deal
Insurance giant Old Mutual Zimbabwe has announced a $100 million indigenisation plan with the government of Zimbabwe.
Last Updated ( Thursday, 22 September 2011 13:12 )
Afre meeting cancelled
A disputed Afre Corporation shareholder meeting which had been slated for Friday has been called off after the Zimbabwe Stock Exchange weighed in.
Last Updated ( Wednesday, 21 September 2011 10:25 )
MMI posts robust results in maiden year
South African insurer MMI Holdings Limited reported a 22% rise in full-year earnings on Wednesday, boosted by new business volume but warned future expansion would ...
Old Mutual's Zimbabwe dilemma
Old Mutual Zimbabwe has been told by Zimbabwe authorities to honour an indegenisation compliance agreement struck with the government last year or risk being kicked out o...
Marsh buys Alex Forbes brokerage
Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), announced on Wednesday that it has reached an agreement to acquire the brokerage business ...
Marsh buys Alex Forbes brokerage
Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), announced on Wednesday that it has reached an agreement to acquire the brokerage business ...
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