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Home » Short term insurers shun prescribed assets
National Report

Short term insurers shun prescribed assets

written by Omega Ukama 0 comments
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THE Insurance and Pensions Commission (IPEC) says less than half of the players in the non-life insurance industry complied with the minimum prescribed assets ratio in 2018. According to the Insurance Act, “every insurer shall in respect of the insurance business carried on by him in Zimbabwe, hold the insurance fund in prescribed securities and…

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