Policyholders Compensation Fund settles Sh.93M claims of fallen insurance companies
Policyholders Compensation Fund (PCF) has disbursed Sh.93.18 million in claims to 778 policyholders of three collapsed insurance firms dating back to June 30, 2023. Beneficiaries include 724 former clients of Resolution Insurance Company who have so far been compensated Sh.82.21 million. Insurance Regulatory Authority (IRA) placed the firm under statutory management in April 2022 after it…
About The Author
