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"type": "speech",
"speaker_name": "Hon. Langat",
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"legal_name": "Benjamin Kipkirui Langat",
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"content": "Really, this Insurance (Amendment) Bill shortens the period for publication of audited financial statements from four to three months; which is again very good. The other major issue that these amendment seek to achieve is to require that those who have claims against insurance companies need to be paid within 90 days. That way, we are going to avoid a situation where insurance companies take advantage. If you look at most of them, that is what has spoiled the name for the insurance sector. In many insurance The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}