FIDELITY Life Assurance (FLA) has begun to transfer shareholder assets to policyholders in line with the regulatory asset separation exercise.In July this year, the company indicated that the asset separation implementation plan had been approved by the regulator, the Insurance and Pensions Commission (IPEC), based on submissions that underwent thorough actuarial review and independent assessments…
Fidelity embarks on asset separation
FIDELITY Life Assurance of Zimbabwe is broadening its product portfolio to reduce reliance on its Vaka Yako plan, as elevated claims contributed to a sharp decline in half-year earnings.