Comments on: Are Foreign Reinsurers Reaping Off Locals

By: Big Daddy

Big Daddy — Fri, 25 Jan 2013 13:58:42 +0000

This is a very complex subject and I think the the Act has adequate provisions to address the outflow of huge sums of money. What remains is for the appropriate unit of PIA to swing into action to check breach of the laid down rules and regulations. If a the matter of low capacity to retain bigger proportions of risk then we need more local Reinsurance companies, increasing capital base of existing Reinsurers and a more efficient way of co-insurance.

By: Chacho

Chacho — Thu, 24 Jan 2013 07:53:35 +0000

twasambililako!

By: Ken

Ken — Wed, 23 Jan 2013 12:53:14 +0000

Then it means we have middle cone men as Insurance Companies in Zambia. To prevent these huge sums of money going out of this economy, we need to reasses the capabilities of some of the mashrooming Insurance securities companies. The money collected by Insurance companies should be made available to the local developers in form of Bonds. You can sell the bond to foregn company because that is not a lose. When the bond matures, the money will come back. If every day payments, the Insurance companies can invest in ventures which they can liquidate at any time like shares in Zambia.

By: am a serious PF DIE HARD.

am a serious PF DIE HARD. — Wed, 23 Jan 2013 10:15:25 +0000

kikikikiki…lol!

By: ★ •:´¨`:•¢συηѕєℓσя :´¨`:•.☆

★ •:*´¨`*:•¢συηѕєℓσя :*´¨`*:•.☆ — Wed, 23 Jan 2013 09:06:38 +0000