Policyholders of collapsed Resolution Insurance Company will be paid Sh250,000 each after it was placed under the care of the Policyholders Compensation Fund (PCF).
Resolution Insurance placed under Statutory Management 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.
The money being held by the insurance compensation fund has increased by 11 percent to Sh15 billion despite drawing cash to pay off policyholders of collapsed insurers.
Keep Concord window open businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Claimants get more time for Sh250,000 Concord State payout after snub businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.