January 12, 2024 – Insurance24

12Jan

Unpaid non-resident benefits continue to be a challenge: Ipec

12 Jan 2024 Insurance24

Unpaid non-resident benefits continue to be a challenge: Ipec

Staff Writer

The Insurance and Pensions Commission (Ipec) says the unpaid benefits to non-resident pensioners cumulatively stood at ZWl$3,2 billion (US$600000) as at Q3 2023.

The amount owed to about 3055 non-resident pensioners increased by 1098% in nominal terms during the period with the number on pensioners having gone up to 3115.

Over

12Jan

First Mutual Holdings cautions shareholders

12 Jan 2024 Insurance24

First Mutual Holdings cautions shareholders

Staff Writer

First Mutual Holdings (FMHL) says corrective measures being instituted on its subsidiary First Mutual Life as part of the ongoing forensic audit by the Insurance and Pensions Commission (IPEC) will have a material impact on the price of the company’s shares.

On April 5, 2022, stakeholders were advised that the Insurance and Pensions Commission