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Xplico Insurance placed under statutory management as Invesco liquidated

Xplico Insurance placed under statutory management as Invesco liquidated
capitalfm.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalfm.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi areaInvesco assurance companyPolicyholders compensation fundInsurance regulatory authorityExplico insuranceInsurance actInvesco assurance company limitedOfficial receiver

IRA shuts down two insurers, advises policyholders to seek alternatives

IRA shuts down two insurers, advises policyholders to seek alternatives
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi areaInvesco assurance companyExplico insurance companyInsurance regulatory authorityPolicyholders compensation fundExplico insuranceXplico insurance company limitedInvesco assurance company limitedOfficial receiverInsurance act

Matatu owners consider forming insurance company

They said they have suffered too long while trying to secure claims

Nairobi areaEdwin mukabanaAlbert karakachaMatatu owners associationWorks county executive committee member brian mulamaInvesco assurance companyNairobi metropolitan area transport authority naFederation of public transport sectorPublic transport sectorNairobi metropolitan area transport authorityBus rapid transitInsurance representativesGoverning councilLuke hotelBrian mulamaLuke hotel

Court petitions to liquidate defaulting firms double as economy worsens

Lenders intensified their efforts at recovering unpaid loans from defaulters with petitions for courts to dissolve defaulters doubling.

Rift valleyHarveen gadhokeJustice alfred mabeyaPeter muleiApplewood miotoniRoyal swiss bakeryHigh courtExplico insurance companyInvesco assurance companyCentral bankCytonn high yield solutionsKenya revenue authorityHashi energyReceiver officeEkorent africaAfrica merchant assurance company amaco

Record surge in business liquidations on tough economy

The court may also liquidate a firm if the company is unable to pay its debts; or if the court considers that justice will be rendered by liquidating a company.

Kenyan economyOfficial receiver 39s officeDebt paymentInvesco assurance companyRoyal swiss bakerySwiss toastMulley supermarketsAshi energyEcopole industries limited