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"speaker_name": "Sen. Sifuna",
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"id": 13599,
"legal_name": "Sifuna Edwin Watenya",
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"content": "Thank you, Mr. Speaker, Sir. I rise pursuant to Standing Order No.53(1) to seek a Statement from the Standing Committee on Finance and Budget, regarding the non-settlement of insurance policy maturity claims by the Corporate Insurance Company Limited. In the Statement, the Committee should address the following- (1) The total value of outstanding insurance policy maturity claims at Corporate Insurance Company Limited, including the duration for which these claims have remained unpaid and the number of affected policyholders. (2) The causes of the delay in settlement of the claims and the timelines for resolving the issues. (3) The current financial position of Corporate Insurance Company Limited, including whether the company is stable enough to guarantee the security of existing insurance policies."
}