Auto, fire policies dominate short-term insurance

The growth reflects a broader sector recovery and higher underwriting activity despite ongoing macroeconomic volatility.

ZIMBABWE’s short-term insurers grew revenue by 30 percent in the first half of 2025 to ZiG3,72 billion, driven mainly by motor and fire insurance policies, the Insurance and Pensions Commission (Ipec) has said.Calculated at an average exchange rate of US$1: ZiG26,65, this translated to US$139,53 million, up from US$106,99 million in the same period of…

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