• Pension net assets increased by K 1.41 billion.• Total investment income increased to K443.38 million as at 30th June 2021.• The increase was due to positive performances of local Government bonds, and treasury bills. Pensions and Insurance Authority (PIA)…
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• The Commission resolved 1, 2 4 8 cases involving 1,617 provisions. • An amount of K1, 177,790. 36 was recovered in refunds. • The total amount recovered was K2, 140,196. 22. Competition and Consumer Protection Commission (CCPC) has disclosed…
Continue Reading • The media is a very important partner in getting information to the public. • PIA has been empowering the media with knowledge on financial literacy and financial inclusion. • There has been growing interest from the media in reporting…
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The Bank of Zambia (BOZ), Pensions and Insurance Authority (PIA) and Securities and Exchange Commission have launched the Financial Sector Joint Messaging Communication Campaign aimed at equipping members of the public with information on how they can identify and avoid…
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The Pensions and Insurance Authority (PIA) has urged insurance companies in the Country to provide e-platforms for selling, payment of premiums, settlement of claims to existing and new Policyholders and the e-platforms must provide for handling complaints and grievances. Authority…
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The Pensions and insurance Authority PIA notes that the growth of the long term insurance industry is still slow. PIA Analyst for pensions Eliya Mvula says people do not appreciate the importance of buying insurance products such as life cover…
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Government has disclosed that the insurance bill is ready and will be reviewed in the next legislative session in February, 2019. Ministry of Finance Permanent Secretary Mukuli Chikuba has attributed the delay in implementing insurance laws in the country to…
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The Pensions and Insurance Authority (PIA) notes that marine sector has potential in helping the insurance industry to grow. The Authority says it is, in partnership with other stakeholders, currently working on domesticating marine insurance. PIA Communications Manager Doreen Silungwe…
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The General Insurance Sector recorded a total of K751.2 million in Gross Written premiums in the first quarter of 2018, up by 9% from K691.7 million recorded in the same period last year. Net written premium increased by 10% from…
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