Insurers’ profits soar as policyholders dwindle

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ZIMBABWE’S insurance in­dustry is posting stronger profits, growing asset bases and healthier balance sheets, even as fewer people are taking out, or keeping, insurance policies, latest reports show. This comes as the industry has long struggled to win public con­fidence, with memories of hyper­inflation-era losses, policy lapses and concerns over claim settlements continuing to discourage…