Home » Zim life assurers urged to strengthen balance sheets

Zim life assurers urged to strengthen balance sheets

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THE Insurance and Pensions Commission (Ipec) has urged life assurers to continuously strengthen their balance sheets to withstand exogenous shocks. In its latest report on the sub-sector, Ipec has implored companies to comply with all regulatory requirements “on an ongoing basis”. The commission noted that the need to transition to IFRS 17 reporting, a risk-based…

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