The Zimbabwean government has adopted amendments to the Insurance Bill 2020.
The new legislation sets out the rules to be followed in merging insurance companies, the transfer of insurance business from one insurer to another, and the payment of premiums.
The bill aims to introduce the best practices in the sector and enhance the protection of the insured.
Read also | Zimbabwean insurers to underwrite policies in foreign currency [4]
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[3] https://www.atlas-mag.net/en/issue/2021-a-transition-year-for-insurers
[4] https://www.atlas-mag.net/en/article/zimbabwean-insurers-to-underwrite-policies-in-foreign-currency