Steep targets set for insurance firms
Friday, June 21, 2019
The new regulations are in line with the Non-Bank Financial Institutions Regulatory Authority’s (NBFIRA) push for a risk-based supervisory regime.
Although the regulations kicked into effect on May 17, insurers have been given a 12-month grace period to raise their minimum capital targets to the level required by the new law.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...