Minerva complies with indigenisation regulations

MINERVA Risk Solutions, formerly Aon Zimbabwe, has now complied with indigenisation regulations after local investor FMI bought shares that were owned by Aon Plc, the company’s managing director has said.

Addressing journalists at a Press conference yesterday, Minerva managing director Lydia Tanyanyiwa said the Insurance Act stipulated that no shareholder should have more than 40% in any insurance entity.

“We are 100% compliant and the Competition and Tariffs Commission has already approved the transaction.

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