Home Business IRA takes over Resolution Insurance after failure to meet financial obligations

IRA takes over Resolution Insurance after failure to meet financial obligations

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Business Daily | by Adonijah Ndege


Insurance Regulatory Authority (IRA) on Tuesday evening announced that they have placed Resolution Insurance Company Ltd under statutory management.

The insurance regulator said that the action was taken because the company has been facing a number of challenges, particularly relating to its ability to meet its obligations and mitigate its inherent risks…

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