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Businesses continue to close as INVESCO and XPLICO Insurance companies are put under liquidation – Kenyans to lose money thanks to RUTO

Monday, December 11, 2023 - Several Kenyans are expected to lose millions of shillings after the Insurance Regulatory Authority (IRA) placed Invesco and Xplico insurances under liquidation. IRA in a notice directed policyholders with covers offered by the two firms in liquidation to seek alternative covers from licensed insurers. IRA placed Xplico Insurance Company Limited under…

Insurance regulator cancels licenses of two firms

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