Insurance market maintains US dollar preference: First Mutual
First Mutual Holdings says customers continue favouring United States dollar-denominated insurance products to secure higher payouts at claim stage, prompting the financial services group to maintain a dual-currency approach across its businesses.
Liquidity pressures put claims payments under scrutiny
Liquidity pressures are emerging as a key concern for Zimbabwe’s short-term insurance sector as 10 of the 21 direct insurers reported negative working capital in the first half of 2026, with delayed claims accounting for the bulk of complaints received by the insurance regulator.
Zimbabwe pension funds’ assets soar to US$3.47bn
Zimbabwe’s pensions industry asset base rose two percent to US$3.47 billion in the six months to June 2026, with gains in financial assets offsetting a decline in property holdings, according to the Insurance and Pensions Commission (IPEC).
Insurance veteran Nduna appointed ZESA board chair
Veteran insurance executive Albert Nduna has been appointed board chairman of ZESA (Private) Limited, following a restructuring of the national power utility.