CAMEO+ eventCORPORATE2026-05-05馃嚳馃嚰

IPEC revokes Heritage Life licence and freezes policy benefits in Zimbabwe

source: Insurance and Pensions Commission (IPEC) -> target: Heritage Life Limited

On 2026-05-05, Zimbabwe's Insurance and Pensions Commission revoked the licence of Heritage Life Limited and froze policies and pension benefits for thousands of members. The regulator said the action followed breaches including failure to meet capital requirements, weak asset quality, poor governance, and missing audited financial and actuarial reports.

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IPEC revokes Heritage Life licence and freezes policy benefits in Zimbabwe - GDELT Cloud Event | GDELT Cloud