Policyholders in collapsed insurers to be compensated

Treasury Secretary Henry Rotich. FILE PHOTO | NMG

Policyholders in more than half a dozen collapsed insurance firms are in line for compensation after Treasury Secretary Henry Rotich published proposed changes to the law that prohibited such payments.

Mr Rotich has signed a Gazette notice proposing to delete regulation 11 of the Insurance (Policyholders Compensation Fund).

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