Britam, Swiss Re pay out Sh14m in flood insurance claims

Britam Towers.  

Photo credit: File | Nation Media Group

Some 300 households affected by floods in Madogo Ward, Tana River County have received Sh14.1million from insurers Britam and Swiss Re as compensation for losses incurred.

The claims were paid under the Index-Based Flood Insurance (IBFI) policy designed to cushion small-scale farmers residing in flood-prone areas from the catastrophic effects of floods.

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