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Court case reveals failed takeover of Resolution by Xplico director

Published: April 20, 2022

The Insurance Regulatory Authority (IRA) stopped the Resolution deal, which in principle looked like an indirect takeover by Xplico owners, without offering reasons.

Source: businessdailyafrica.com

Related Topics:

United KingdomPeter NduatiDominic PersadMichael CranfieldKeith BeekmeyerUnited Linkham GroupInvesco Assurance CompanyUnited Kingdom GroupPoint CapitalLinkham ServicesInsurance Regulatory AuthorityExplico Insurance CompanyResolution InsuranceExplico InsuranceNew Point CapitalJayhan LimitedNew Point Capital LimitedNew PointUnited Kingdom Based Linkham GroupRandy ByeInvesco Assurance Company LimitedLinkham Services Limited

Resolution collapses with Sh6.6bn clients' money

Published: April 12, 2022

IRA said the insurer had collected Sh4.1 billion in premiums from policyholders out of which 90 percent were medical customers.

Source: businessdailyafrica.com

Related Topics:

United KingdomJohn MwangiPeter NduatiBernard GithinjiDominic PersadMichael CranfieldUnited Linkham GroupUnited Kingdom GroupPoint CapitalLinkham ServicesInsurance Regulatory AuthorityEquity BankPolicyholders Compensation FundConcord InsuranceUnited InsuranceStandard AssuranceLinkham Services LimitedNew Point CapitalUnited Kingdom Based Linkham GroupPeter NduatiNew Point Capital LimitedDominic Persad