Zimbabwe - Insurance



Insurance companies must be registered with and licensed by the Registrar of Insurance, make security deposits with the treasury, file annual financial reports, and observe other government regulations. Principal types of insurance written are life, fire, automobile, employers' liability, and accident. Automobile third-party liability is compulsory. There were some 50 insurance companies doing business in Zimbabwe in the mid-1980s.

In 1996, insurance companies continued to complain about the persistence of regulations that they considered to be inappropriate in the liberalized environment. Two foreign-owned insurance companies were reported to be holding out against government localization requirements against which a deadline of 1 August 1993, for 51% local shareholding had been set. The requirement on insurance companies and pension funds to invest 55% in government securities was also felt to be too high. In 2001, $153 million was written in life insurance premiums.

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COLLIN
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Jul 5, 2010 @ 9:09 am
WHAT WAS THE FIRST INSURANCE COMPANY TO TRADE IN THE THEN RHODESIA
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Sep 19, 2011 @ 4:04 am
how many insurance companies are in zimbabwe now and how many cars, businesses and lives are insured by them
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Sep 24, 2011 @ 6:06 am
YOUR ARTICLE IS GOOD.HOW MAY LIFE INSURANCE COMPANIES ARE IN ZIMBABWE.CAN THE DATA FOR LIFE INSURANCE PREMIUMS BE OBTAINED.I AM LOOKING FOR THE DATA SO THAT I WRITE DISSERTATION ON THE TOPIC .PREFERABLY I WOULD LIKE DATA FOR 1990-2010
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Oct 10, 2011 @ 11:11 am
What are the link between the political and legal envrionment in insuarance sectors
Locadia Chigwaza
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Jun 4, 2012 @ 5:05 am
What is the contribution of intermediaries on corporate growth for an insurance company?
Clarence chiwenda
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Jan 3, 2013 @ 7:19 pm
How many insuarance companies in zimbabwe.and what are their names
Pishon Muuyo
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Dec 7, 2013 @ 3:03 am
Your article is good. Which insurance companies in Zimbabwe have so far embraced E-commerce in marketing their products?

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