IPEC conducts IFRS 17 Training for Funeral Assurers
The Insurance and Pensions Commission (IPEC) yesterday conducted a capacity-building training for funeral assurers and their actuarial advisors on the International Financial Reporting Standards (IFRS) 17 compliance requirements, in Harare. All insurance entities were required to comply with IFRS 17 effective 1 January 2023 as per the Public Accountants and Auditors Board (PAAB) – the […]
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IFoA President Visits Zimbabwe
The Insurance and Pensions Commission (IPEC) today had the honour of hosting the President of the Institute and Faculty of Actuaries (IFoA), United Kingdom, Ms Kartina Tahir Thomson, at its Head Office in Harare. The high-level engagement brought together senior representatives from IPEC, led by Commissioner, Dr Grace Muradzikwa, and the Actuarial Society of Zimbabwe […]
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IPEC Holds 7th Annual General Meeting in Harare
The Insurance and Pensions Commission (IPEC) successfully held its 7th Annual General Meeting (AGM) yesterday at the Hyatt Regency, The Meikles Hotel in Harare. The meeting brought together key stakeholders, including the Office of the President and Cabinet, represented by the Corporate Governance Unit, Ministry of Finance, Economic Development and Investment Promotion, Parliament, the Office […]
Continue readingUnderstanding Insurance and Pensions
When Martha Tigo, a 28-year-old nurse and single mother, lost her father after a prolonged illness, she was confronted with a harsh financial reality. Neither she nor her father, in his 70s, had insurance or savings, leaving the family struggling to cover funeral expenses and daily costs. They had already sold their last two cattle […]
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Celebrating Excellence in Journalism: Highlights from the 5th Insurance and Pensions Media Awards
The Insurance and Pensions Commission (IPEC) successfully hosted the 5th edition of the Insurance and Pensions Media Awards last Friday, bringing together media professionals and leading industry executives for an evening of recognition and celebration. Graced by the Reserve Bank of Zimbabwe Governor, Dr. John Mushayavanhu as Guest of Honour, the prestigious event honoured exceptional […]
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Minister of Finance Tours IPEC’s New Offices!
The Minister of Finance, Economic Development and Investment Promotion, Honourable Professor Mthuli Ncube yesterday toured the Insurance and Pensions Commission (IPEC)’s new offices at number 90 Speke Avenue, in Harare’s Central Business District. The property is undergoing phased renovations, allowing all staff members to be housed at the same premises once the renovations are completed. […]
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IPEC Strengthens Commitment to Integrity with Pledge Signing Ceremony
The Insurance and Pensions Commission (IPEC) on Monday held the Board and Management Integrity Sensitisation and Integrity Pledge Signing Ceremony, reinforcing its unwavering commitment to ethical governance and transparency. The Zimbabwe Anti-Corruption Commission (ZACC) facilitated the ceremony held in Harare for the IPEC Board and Management. In his opening remarks, IPEC Board Chairperson Mr Albert […]
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IPEC Commissioner’s Breakfast Meeting: A Collaborative Industry Engagement
The Insurance and Pensions Commission (IPEC) hosted its highly anticipated Annual Commissioner’s Breakfast Meeting on Friday last week in Harare, bringing together key industry executives to discuss topical issues within the sector. IPEC Commissioner, Dr Grace Muradzikwa convened the meeting where closure of the pre-2009 pension compensation was among the topical issues raised. Both IPEC […]
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IPEC Hosts Workshop with Parliamentary Portfolio Committee on Budget, Finance, and Investment Promotion to Discuss the Insurance and Pensions Commission Amendment Bill
The Insurance and Pensions Commission (IPEC), in collaboration with the Parliamentary Portfolio Committee on Budget, Finance, and Investment Promotion, hosted a workshop last Friday in Harare to unpack the Insurance and Pensions Commission Amendment Bill, which was gazetted in December last year. The workshop provided a platform for the Parliamentary Portfolio Committee, IPEC, the Ministry […]
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Government Launches Agricultural Insurance Awareness Campaign
In the face of escalating climate change threats and limited capacity to withstand severe droughts, stakeholders believe that agricultural index insurance could be transformative for Zimbabwe’s smallholder farmers. By some estimates, smallholder farmers in Zimbabwe, provide about 70% of the country’s food requirements yet they depend heavily on unpredictable rainfall. This puts both the nation’s […]
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