The Zimbabwe Insurance and Pensions Commission hosted the President of the United Kingdom’s Institute and Faculty of Actuaries, Kartina Tahir Thomson, for a high-level engagement at its head office in Harare with senior IPEC officials and the Actuarial Society of Zimbabwe. Commissioner Grace Muradzikwa positioned Zimbabwe as a key contributor to actuarial talent in Africa, ranking third after South Africa and Kenya, and noted Zimbabwean actuaries’ roles within the IFoA, including as examiners and markers. IPEC reported 16 actuarial personnel, including one qualified actuary and three nearly qualified professionals, and highlighted ongoing initiatives including Zimbabwe-specific mortality tables, the Farmers’ Basket parametric insurance product for smallholder farmers facing climate-related risks, and the development of the Zimbabwe Integrated Capital and Risk Programme (ZiCARP) solvency framework. The engagement also referenced the need to strengthen actuarial regulation in light of Zimbabwe’s historical context, including the 2009 currency reforms, to restore and maintain public trust. Ms Thomson said the IFoA has 35,000 members across 150 countries and described her visit as support for the growth and accessibility of the actuarial profession, including addressing affordability barriers. Meetings with other stakeholders during the visit were planned, including with the Reserve Bank of Zimbabwe, industry executives, and the Zimbabwe Council for Higher Education.

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