IIZ lays groundwork for 2026, eyes targeted skills development
THE Insurance Institute of Zimbabwe (IIZ) has begun laying the groundwork for its 2026 initiatives, with a renewed focus on targeted skills development and closer engagement with industry stakeholders
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As the world continues to digitalise albeit at various levels,
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Shumba said the industry has raised these fears before, but the scale of the proposed reform requires deeper and more frequent engagement.
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Trading activity was particularly vibrant: turnover jumped 35%, climbing from US$6,8 million to US$9,1 million.
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The insurance executive said the lack of shared platforms, systems and pooled capabilities was driving up operational costs and weakening competitiveness, especially for smaller players.
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Foreign investors headache for local insurers
“Then, my issue is on the insurance that comes packaged with these investors from offshore,” one delegate said.
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Breaking point! Insurers pay claims in instalments
“Several direct short-term insurers were struggling to maintain liquidity, resulting in some settling claims in instalments,” the regulators said.
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Ipec sets out ambitious 2025-2026 agenda
The indaba has been organised by the Insurance Institute of Zimbabwe.
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