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{
    "id": 17300,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/17300/?format=api",
    "text_counter": 436,
    "type": "speech",
    "speaker_name": "Mr. Kenyatta",
    "speaker_title": "The Deputy Prime Minister and Minister for Finance",
    "speaker": {
        "id": 168,
        "legal_name": "Uhuru Muigai Kenyatta",
        "slug": "uhuru-kenyatta"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, currently, the Insurance Act does not provide for the regulator to assume control over the assets of a troubled insurer, thus creating room for misappropriation of its assets. In order to protect the interests of policy holders, I have proposed to amend the Insurance Act in order to empower the Insurance Regulatory Authority to assume control over the assets of a financially troubled insurer."
}