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Insurers reject Sh485m claims in three months
Mwambu Mabonga at the IRA's Upper Hill office on February 16, 2023. President Ruto has revoked his appointment as the chairman of the Insurance Regulatory Authority (IRA). PHOTO | DIANA NGILA | NMG
Insurers rejected 6,591 claims worth Sh485.6 million in the three-month period to December last year, marking an over two-fold hike from the previous quarter where 1,904 claims were rejected, data from the Insurance Regulatory Authority (IRA) shows.
Most of them were in the medical and motor sectors and were attributed to fraud and delayed filing.