Insurance And Pension - The Zimbabwe Independent

Topic : Insurance And Pension

As 2024 ends, insurers fret over govt third-party insurance takeover

However, to this day, local players are yet to receive any details on how this takeover will occur.

By Melody Chikono Dec. 31, 2024

As 2024 ends, insurers fret over govt third-party insurance takeover

Ipec wants more climate sustainability disclosures.

THE Insurance and Pensions Commission (Ipec) is seeking more disclosures from regulated entities to assess if they are offering climate change and sustainability related initiatives.

By Melody Chikono Dec. 1, 2024

Ipec wants more climate sustainability disclosures.

Direct insurance policies up 12% in Q2

Ipec said all 19 short-term insurers reported capital positions above minimum requirement, with these insurers recording an average capital position of ZiG60,46 million as of June.

By Tatira Zwinoira Nov. 20, 2024

Ipec to set up universal IT system: Official

Currently, players spend over US$2 million annually maintaining unused systems.

By Melody Chikono Oct. 11, 2024

Ipec to set up universal IT system: Official

Ipec wields hammer over pension fund trustees

Pension funds have a board of trustees appointed or elected to manage a fund on behalf of and for the benefit of fund members.

By Melody Chikono Oct. 9, 2024

Ipec wields hammer over pension fund trustees

Candid Comment: Pension funds should be considerate

The commission proposed a standardised compensation framework to ensure equitable treatment for both providers and consumers.

By Melody Chikono Sep. 13, 2024

Candid Comment: Pension funds should be considerate

Zimbabwe’s insurance rate remains negligible

Despite efforts made by the Insurance and Pensions Commission (Ipec) to improve the insurance penetration rate in the country, IIZ reports that it remains at a paltry 3%.

By Blessed Ndlovu Aug. 18, 2024

Zimbabwe’s insurance rate remains negligible

‘Insurance contracts voidable if material information withheld’

The commission understood the need for insurers to settle claims within agreed timeframes to protect claimants from loss of value.

By Tatira Zwinoira Aug. 14, 2024

‘Insurance contracts voidable if material information withheld’

State of the pension industry

In the current economic environment that money is not enough to either maintain a lifestyle or to motivate someone to willingly participate in a pension scheme.

By Rufaro Hozheri Jul. 26, 2024