Author: Calvin Manika

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Annual life policies reshape Zimbabwe’s insurance market, raising regulatory and consumer risks

Annual life policies reshape Zimbabwe’s insurance market, raising regulatory and consumer risks

Zimbabwe’s life insurance industry is undergoing a quiet but significant transformation. Products once designed to span decades, including whole-life [...]
Flood losses highlight need to scale index insurance in Zimbabwe

Flood losses highlight need to scale index insurance in Zimbabwe

Zimbabwe is emerging as one of Africa’s most important testing grounds for climate-risk insurance. The country has been pushing to transform a decade [...]
Zimbabwe’s currency reset tests stability of insurance contracts

Zimbabwe’s currency reset tests stability of insurance contracts

After nearly two decades of operating a multi-currency economy, the Zimbabwean government is now moving to revert to a single legal tender by 2030 and [...]
Grain trade liberalisation spurs demand for credit risk insurance in Zimbabwe

Grain trade liberalisation spurs demand for credit risk insurance in Zimbabwe

Zimbabwe’s decision to lift its ban on grain imports from South Africa has sent ripples through both agricultural and insurance markets, with insurers [...]
Surge in vehicle imports fuels motor insurance growth in Zimbabwe amid claims pressure

Surge in vehicle imports fuels motor insurance growth in Zimbabwe amid claims pressure

Zimbabwe’s insurance sector is experiencing a rare silver lining amid the country’s broader economic challenges—a surge in vehicle imports that is dri [...]
Capacity constraints test Zimbabwe’s funeral insurers in push to adopt IFRS 17

Capacity constraints test Zimbabwe’s funeral insurers in push to adopt IFRS 17

Zimbabwe’s funeral underwriters are taking baby steps in switching to International Financial Reporting Standard 17 (IFRS 17), coming nearly three yea [...]
Zimbabwean regulator teams up with World Bank, FSD Africa to grow small business insurance

Zimbabwean regulator teams up with World Bank, FSD Africa to grow small business insurance

The Insurance and Pensions Commission (IPEC) of Zimbabwe has signed a partnership with World Bank and FSD Africa to expand insurance access for small [...]
Zimbabwe’s aviation insurance revenue shrinks amid limited market players

Zimbabwe’s aviation insurance revenue shrinks amid limited market players

Zimbabwe’s aviation insurance sector is grappling with shrinking revenue, a trend industry insiders attribute to a limited pool of market players and [...]
Zimbabwe insurers’ missed State investment targets jeopardise development funding

Zimbabwe insurers’ missed State investment targets jeopardise development funding

Zimbabwe’s insurers are finding it hard to invest the minimum amount the government requires in approved assets like Treasury bonds, presenting a fund [...]
Zimbabwe approves marine insurance domestication rules to avert capital flight

Zimbabwe approves marine insurance domestication rules to avert capital flight

Zimbabwean insurance firms are expecting a surge in marine insurance business after the government issued a statutory instrument for domestication of [...]
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