CIC General Insurance has lost a bid to compel Kenya Airports Authority (KAA) to remove some requirements it termed as discriminatory in a multi-billion tender for provision of medical insurance to airport staff.
The underwriter had argued that the requirement for bidders to have a portfolio balance between motor and non-motor business, with gross underwritten premium for motor business not exceeding an average of 30 percent of the total general business for each of the last three years, was discriminatory.
