HARARE – Zimre Holdings Limited (ZHL)’s short-term insurer SFG Insurance Company (SFG) has collapsed. SFG’s closure comes after investigations by the Insurance and Pensions Commission (IPEC), which exposed a huge negative solvency ratio with its capital base falling far short of the minimum threshold required. IPEC yesterday advised stakeholders that it had directed SFG to…
To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions