Day: May 6, 2026

IPEC Cancels Heritage Life’s Licence Over Regulatory Breaches

The Insurance and Pensions Commission (IPEC) has cancelled the registration of Heritage Life Limited as a life assurance company, effective immediately. The decision follows persistent non-compliance with regulatory requirements, including failure to meet minimum capital requirements, poor asset quality, and inadequate corporate governance. Despite engagements with IPEC, Heritage Life had neglected to address these issues, […]