Insurer's bad image eats into earnings Jackson Okoth
Series: Financial JournalPublication details: Nairobi The Standard Group Tuesday, February 3, 2009Description: [The Financial Journal] The Standard, February 3, 2009; p.8Subject(s): Summary: With rogue agents still on the prowl and insurance products viewed as a preference of rich, insurers continue to attract numerous complaints from clients. Recent reforms in the sector include the Insurance Act (Amendment) which has raised minimum capital to 300 million for general, 150m for life and 450 m for composite. The margin of solvency for long term insurance companies has been amended and the requirement for upfront payment of premium (cash and carry was introduced for all classes of insurance.
Reviews from LibraryThing.com:
No physical items for this record
With rogue agents still on the prowl and insurance products viewed as a preference of rich, insurers continue to attract numerous complaints from clients. Recent reforms in the sector include the Insurance Act (Amendment) which has raised minimum capital to 300 million for general, 150m for life and 450 m for composite.
The margin of solvency for long term insurance companies has been amended and the requirement for upfront payment of premium (cash and carry was introduced for all classes of insurance.
There are no comments on this title.
Log in to your account to post a comment.