Home Business Struggling Resolution Insurance suspends non-medical cover

Struggling Resolution Insurance suspends non-medical cover

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TheStandard | by Patrick Alushula


Cash-strapped Resolution Insurance will not renew or underwrite non-medical covers for three months as shareholders dither on making a Sh2 billion capital injection.

The insurer’s acting Managing Director Bernard Githinji, in internal communication to staff, said there has been “significant delays” in raising the capital, making it difficult to continue underwriting covers beyond medical…

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