Thursday, February 29, 2024

Insurers owe policyholders Sh39bn in delayed payments

claim form

The value of outstanding policyholders’ claims has risen for the fourth consecutive quarter to hit Sh39.61 billion. Photo/FILE    

By PATRICK ALUSHULA More by this Author

The value of outstanding policyholders’ claims has risen for the fourth consecutive quarter to hit Sh39.61 billion at the end of December 2023, showing that insurers are dragging their feet on settling claims.

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