The Insurance and Pensions Commission (IPEC) made a statement on the forward going policy for foreign currency dominated insurance policies. The development comes in the midst of a growing confi...
Businesses in the insurance industry that fail or delay paying out claims of admitted liabilities under any policies risk having their operating licences cancelled as stipulated at law, according to t...
The Insurance and Pensions Commission (Ipec), is closely monitoring three under-capitalised life assurance firms - Evolution Life, Heritage and Fidelity Life - after the assurers closed the third quar...
THE Insurance and Pensions Commission (Ipec) says Zimbabwe's insurance penetration rate is much higher than the figures reported by PricewaterhouseCoopers (PwC), which ranked the industry fifth in Afr...
TOTAL assets in the pension industry declined by 6,5% to $4,03 billion in the fourth quarter of last year due to a shrinkage in equity investments that were affected by a drop in equity prices.The Ins...
NON-LIFE insurance companies registered 250 percent growth in profits to $33,6 million in the 12 months to December 2017, according to Insurance and Pensions Commission (IPEC)'s 2017 fourth quarter re...
The Insurance Pensions Commission (Ipec) has urged the public to buy insurance products from regulated insurance institutions amid rising incidences of fake policies.Addressing members of the public a...
Insurance and Pension Commission head of prudential services Pupurai Togarepi has left the organisation to pursue a career in politics.The Zanu PF national youth chairperson, who has vast knowledge an...
The Insurance and Pensions Commission (IPEC) is targeting insurance penetration to reach 7 percent by 2022 compared to the current 4,7 percent on the back of an anticipated economic growth. Zimbabwe r...
An increased number of actuarial professions practicing in the country can help stabilise the financial sector, the Insurance and Pensions Commission acting Commissioner Blessmore Kazengura has said.S...
Insurance and Pension Commission (Ipec) commissioner Tendai Karonga has resigned after falling out with the regulator's board.This comes, just over a year after he took over from Marnet Mpofu who left...
THE Insurance and Pension Commission of Zimbabwe (Ipec) says pension funds have more than $28 million worth of unclaimed benefits, a symptom of lack of knowledge, which is one of the problems burdenin...
THE Insurance and Pension Commission (IPEC) commissioner Tendai Karonga has reportedly been suspended for alleged insubordination by the regulator's board.According to information at hand, Karonga cla...
The Insurance and Pensions Commission (Ipec) has issued a stern warning saying all insurance companies should engage actuaries for key validation on their activities or face serious consequences. The ...
Ipec wants insurance companies and pension funds with over $1 billion invested in fixed properties to invest on secondary markets to ensure tradability of fixed income securities for liquidity that de...
The Insurance and Pensions Commission (IPEC) says it introduced a mandatory certificate of proficiency qualification for trustees of retirement funds to curb widespread mismanagement of the investment...
THE Insurance and Pensions Commission should not clamour to have medical aid societies under its regulatory purview, because it does not possess the competence and credibility to warranty such respons...
NEWLY gazetted insurance regulations on capitalisation of insurance firms will require significant discounting of values of all quoted equities and investments in unquoted or private equity for purpos...
THE Insurance and Pensions Commission (IPEC) is in discussions with government, which could see the regulator extending its oversight to medical aid societies, currently being governed by the Ministry...
The Insurance and Pension Commission (Ipec) says the insurance industry registered a 32% total asset base growth to $5,4 billion, as at March 2017 due to growth in equities and asset revaluations.Ipec...
The Insurance and Pension Commission (IPEC) has ordered all insurers, brokers and intermediaries to immediately stop using "unregistered" touts for marketing and selling insurance policies, especially...
The Insurance and Pension Commission has come up with a micro-insurance framework which provides for less stringent registration requirements as the commission works on reducing unregistered funeral a...
The Insurance and Pensions Commission (Ipec) is threatening to de-register insurance companies and brokers that are failing to meet client claims on time in the wake of a worsening economic situation,...
The Insurance and Pensions Commission has reviewed assets that insurance companies can use for the purposes of calculating capital. This follows findings by the commission that some insurers had been ...