Author: Calvin Manika
Calvin Manika is a Zimbabwean journalist renowned for his in-depth reporting on insurance, financial inclusion, and social impact. With over five years of experience, he has contributed to prominent media outlets such as Al Jazeera, The Continent, The Independent UK, and is our resident contributor in Zimbabwe.
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 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’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
Zimbabwean insurance firms are expecting a surge in marine insurance business after the government issued a statutory instrument for domestication of [...]
Shrinking hail insurance deals blow to Zimbabwe’s climate resilience solutions
In 2018, heavy rains left small-scale tobacco farmers in Zvimba counting their losses after extensive crop damage. Similarly, a hailstorm in 2021 dest [...]
Proposed road accident fund to reshape Zimbabwe’s short-term insurance business
The landscape of Zimbabwe’s short-term insurance is poised for a reshape following the recently passed bill that provides for the introduction of a ro [...]
New Zimbabwe law linking radio licence to vehicle insurance spooks underwriters, insureds
The recently passed regulation requiring motorists in Zimbabwe to purchase radio licence before they can buy vehicle insurance covers has unsettled th [...]
Surge in consumer complaints puts Zimbabwe’s short-term insurers under regulatory spotlight
In December 2024, Takunda Mafume expected his insurer to respond quickly when his Toyota Corolla was side-swiped by a speeding commuter omnibus in the [...]
Declining lapse rate signals renewed confidence in Zimbabwe’s life insurance sector
Zimbabwe insurers witnessed a low lapse rate in the life insurance sector during the final quarter of 2024, showing that fewer policyholders were allo [...]
Ethical business practices could stem fraud and corruption while boosting insurance uptake
Ethical business practices could help the Zimbabwean insurance sector to stem fraud and corruption, helping boost the penetration rate by addressing p [...]