Joseph Kirui Limo

All parliamentary appearances

Entries 921 to 930 of 2163.

• 27 Feb 2019 in National Assembly: subsection─ (1) Where an insurer is part of a group, the Commissioner may direct the principal officer to provide any information necessary for effective group-wide supervision. (b) inserting the following subsection immediately after subsection (2) ─ (3) In this section, “group” means an entity carrying on any other business in addition to insurance business. The amendment is meant to ensure that the principal officer of an insurance group is duly authorised to provide information whenever required by the commissioner. This will bring order, so that at any time the commissioner is looking for information, he will not get it from ... view
• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move: THAT, the Bill be amended by deleting Clause 10 and substituting therefor the following new clause- The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move: THAT, the Bill be amended by deleting Clause 10 and substituting therefor the following new clause- The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 27 Feb 2019 in National Assembly: 10. The principal Act is amended by repealing Section 156 and replacing it with the following new sections─ 156. (1) No insurer shall assume a risk in Kenya in respect of insurance business Advance payment of premiums unless and until the premium payable thereon is received by him or is guaranteed view
• 27 Feb 2019 in National Assembly: 10. The principal Act is amended by repealing Section 156 and replacing it with the following new sections─ 156. (1) No insurer shall assume a risk in Kenya in respect of insurance business Advance payment of premiums unless and until the premium payable thereon is received by him or is guaranteed view
• 27 Feb 2019 in National Assembly: to be paid by such person in such manner and within such time as may be prescribed, or unless and until a deposit, of a prescribed amount, is made in advance in the prescribed manner. view
• 27 Feb 2019 in National Assembly: to be paid by such person in such manner and within such time as may be prescribed, or unless and until a deposit, of a prescribed amount, is made in advance in the prescribed manner. view
• 27 Feb 2019 in National Assembly: (2) Where an insurer engages or, is approached by an intermediary intending to transact insurance business and receive premiums for that insurer, the insurer shall enter into a contract with the particular intermediary. view
• 27 Feb 2019 in National Assembly: (2) Where an insurer engages or, is approached by an intermediary intending to transact insurance business and receive premiums for that insurer, the insurer shall enter into a contract with the particular intermediary. view
• 27 Feb 2019 in National Assembly: (3) A contract made between an insurer and intermediary under subsection (2) shall contain such mechanisms or terms as to guarantee that the premiums received by the intermediary are remitted to the insurer. (4) A premium collected by an intermediary or a cheque received by an intermediary shall be deposited with, or dispatched and received by the insurer within thirty days of receipt by the intermediary. view