Insurers paid claims worth Shs225 billion
According to data from Insurance Regulatory ity insurance companies paid out more claims between January and September 2020 compared to the same period in 2019
Covid-19 eats into NIC’s gross written premium
The drop was attributed to Covid-19, which during the period forced a slowdown in economic activities across different sectors of the economy.
Jubilee to sell stake to Allianz for Shs370b
The transaction, which is subject to shareholder and regulatory approval from all the five countries will also see the transfer of insurance...
We will not be able to pay double digit interest - NSSF
The Fund, which had previously reported a revenue loss of Shs402b,has recovered from the slump to post Shs1.47 trillion as of June 30
Insurance regulator turns to phones to curb fraud
IRA will be working with the geshanban158.comanda Revenue ity, Ministry of Works and the geshanban158.comanda Insurers Association