May 6, 2026 – Insurance24

6May

Regulatory Expansion Without Relief: A Critical Analysis of the Insurance and Pensions Commission Amendment Act, 2026 and Its Implications for Zimbabwe’s Financial Services Sector

6 May 2026 Insurance24

By Nobert M. Phiri

Abstract

The enactment of the Insurance and Pensions Commission Amendment Act, 2026 marks a significant recalibration of Zimbabwe’s insurance and pensions regulatory framework. Building on the proposals contained in the 2024 Amendment Bill, the Act introduces wide-ranging reforms aimed at strengthening governance, expanding regulatory oversight, and enhancing consumer protection

6May

IPEC cancels Heritage Life licence over regulatory breaches

6 May 2026 Insurance24

Staff Writer

The Insurance and Pensions Commission (IPEC) has cancelled the registration of Heritage Life Limited as a life assurance company, citing multiple regulatory breaches and failure to comply with statutory requirements.

In a public notice, IPEC said it had “cancelled the registration of Heritage Life Limited as a Life Assurance Company” in terms of the Insurance Act, adding that the