Zimbabwe pushes to harmonise insurance legislation
Saturday, 09 01 2018, Category: Insurance and Reinsurance, Country: Africa
The Insurance and Pensions Commission (Ipec) says it will push for three Bills to be passed by the incoming parliament as it seeks to harmonise national laws with international standards and best practice.
The proposed legislation are the Pensions and Provident Act Bill, the Insurance Act, and the amendments of the Insurance Commission Act. Apart from aligning with international best practices, the amendments are also seeking to bring on board medical aid societies, legal aid societies and cater for the activities that are being conducted by these societies.
Source: Zimbabwe Independent