THE Insurance and Pensions Commission (Ipec) has challenged insurers to develop innovative and proactive products to cover emerging risks as climate change exposes gaps in Zimbabwe’s insurance market. The call came at the recently concluded 24th annual conference of the Association of Insurers and Reinsurers in Developing Countries (AIRDC), held in Harare. Speaking during the…
Ipec pushes insurers to curb climate change risks
Speaking during the conference, Ipec commissioner Grace Muradzikwa said innovative insurance products must address customers’ needs, as large sections of the population and businesses remain inadequately insured.