Zim’s risk-based insurance reform

Business Reporter For years, Zimbabwe’s insurance sector has operated under a one-size-fits-all capital requirement, treating low-risk and high-risk insurers alike. But the Zimbabwe Integrated Capital and Risk Programme (ZICARP), a risk-based solvency framework designed to bring the country’s regulatory system in line with international best practices, has flipped the tables. Zimbabwe’s experience with ZICARP is […]