Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Zimbabwe: Regulator urges undercapitalized insurers to "consider merging"

July 04, 2014 Reprints

Zimbabwe's Insurance and Pensions Commission said in its short-term insurance report for the first quarter of 2014 that the capital position of 13 insurers "fell short of the minimum capital requirement," The Herald reported.

The regulator said "insurers who fail to comply with the minimum capital requirements" should consider merging, if other capital raising steps are unsuccessful. Meanwhile, nonlife insurers’ overall gross premium written rose 7% year-on-year to $71 million during the first quarter.

Help

Zimbabwe: Regulator urges undercapitalized insurers to "consider merging"

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources