Xplico Placed Under Statutory Management, Invesco License Cancelled

The Kenyan Insurance Regulatory Authority (IRA) has taken decisive action against two insurance companies, placing Xplico Insurance Company Limited under statutory management and cancelling the operating license of Invesco Assurance Company Limited. Existing Xplico policyholders are urged to immediately find new insurance coverage with licensed insurers to avoid any gaps in protection. “Its existing policyholders … Continue reading Xplico Placed Under Statutory Management, Invesco License Cancelled