Regulation

Regulation

News Regulation Workers Compensation

The Insurance and Pensions Commission (Ipec), says it will disqualify all trustees who fail to get a Certificate of Proficiency (C.O.P) in trusteeship. The Commission said that this will ensure that the interests of fund members are protected and ...
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News Regulation

The government has increased the minimum capital requirements for Insurers. The new minimum capital requirements were gazetted last week under the Insurance (Amendment) Regulations, 2017 (No19). The gazette comes after some insurers are failing to meet the current ...
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Health News Regulation

Medical Practitioners are in support of the Insurance and Pension Commission’s (Ipec) bid to regulate the Medical Aid Societies (MAS) in Zimbabwe, saying it will reduce regulatory costs and efficiency. Currently MAS are regulated by the Ministry of ...
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News Regulation

By Phillimon Mhlanga 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 of Health and Child Care. It ...
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Funeral Regulation

BULAWAYO – Funeral assurers are pleading with Government to be spared from the proposed increased minimum capital requirements of $2,5 million from $1,5 million highlighting that the majority of their  business is purely micro insurance in nature. The ...
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News Regulation

BY Tinashe Makichi  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 motor insurance. The directive by IPEC will hit insurers ...
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Health Regulation Uncategorized

BY Kudakwashe Mhundwa The Insurance and Pension’s Commission has made case to Government for medical aid societies to be placed under its regulatory purview to improve governance and protect policyholders’ funds. This comes after thousands of policy holders have ...
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Regulation

THE INSURANCE and Pension Commission (Ipec) says the proposed Insurance Bill, set to harmonise the Insurance and Pensions Commission Act with the Insurance Act and the Pensions as well as the Provident Funds Act, is set to be ...
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News Regulation Risk Management

The first self-regulatory body for compliance professionals, the Compliance Society of Zimbabwe (CoSoZ), was officially launched on Wednesday 28 June with a mission to support the growth of the compliance profession in Zimbabwe. BY Tafadzwa Chidoori Led by ...
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Regulation

HARARE – The Insurance and Pensions Commission (Ipec) yesterday launched Zimbabwe’s maiden Micro­Insurance Regulatory Framework aimed at facilitating the provision of insurance to low income earners. The regulator’s commissioner, Tendai Karonga, said the framework was useful in assisting Zimbabweans ...
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