Jubilee pursues Sh280m from reinsurance broker

Jubilee Insurance Centre

Jubilee Insurance Centre in Nairobi.

Photo credit: File | Nation Media Group

A UK-based insurance broker has failed to stop a Sh280 million dispute filed by Jubilee Allianz General Insurance (K) arguing that courts in Kenya cannot handle the matter.

High Court judge Alfred Mabeya dismissed the objection filed by CK Re Limited International Reinsurance Brokers on the grounds that it is a limited company incorporated in London and had no presence in Kenya.

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