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Zim's Life Assurers Maintain Dominance Over Funeral Counterparts

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love. ....

Sibongile Siwela , Alois Vinga , Pensions Commission , Spread This , Gross Premium Written , ஓய்வூதியங்கள் தரகு , பரவுதல் இது , மொத்த ப்ரீமியம் எழுதப்பட்டது ,

Zim's Life Assurers Overtake Funeral Business Players


By Alois Vinga
ZIMBABWE’s Life Assurers have overtaken the funeral business sector, writing business worth $852.5 million in the first quarter of 2021.
An Insurance and Pensions Commission (IPEC) first quarter performance report noted that this was 14 times more than the business written by dedicated funeral players.
Compared to dedicated funeral service providers, life assurance companies offer broad products such as funeral, term assurance, endowment, whole life, annuities, and pension administration.
“For the quarter ended 31 March 2021, life assurers wrote inflation adjusted funeral assurance business worth $852.56 million which was fourteen times more than the $56.90 million written by the dedicated funeral players,” read the IPEC report. ....

Sibongile Siwela , Alois Vinga , Pension Commission , Spread This , Gross Premium Written , ஓய்வூதியம் தரகு , பரவுதல் இது , மொத்த ப்ரீமியம் எழுதப்பட்டது ,