Joseph Kirui Limo

All parliamentary appearances

Entries 931 to 940 of 2163.

• 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
• 27 Feb 2019 in National Assembly: (5) An intermediary who contravenes subsection (4) shall be guilty of an offence and shall pay a penalty equivalent to twenty percent of the unremitted premiums on each contravention, payable to the Policy Holder Compensation Fund. view
• 27 Feb 2019 in National Assembly: (5) An intermediary who contravenes subsection (4) shall be guilty of an offence and shall pay a penalty equivalent to twenty percent of the unremitted premiums on each contravention, payable to the Policy Holder Compensation Fund. view
• 27 Feb 2019 in National Assembly: (6) A director or employee of an intermediary who contravenes subsection (4) shall on conviction be liable to a fine not exceeding one hundred thousand or to imprisonment for a term of three months or to both. view
• 27 Feb 2019 in National Assembly: (6) A director or employee of an intermediary who contravenes subsection (4) shall on conviction be liable to a fine not exceeding one hundred thousand or to imprisonment for a term of three months or to both. view
• 27 Feb 2019 in National Assembly: (7) The Cabinet Secretary may make regulations to give effect to this section. The import of these amendments is to bring order to the insurance industry in terms of the conflict which was arising from the proposed amendment. The proposed amendment by our Committee will ensure that the interests of the insured is taken care of. That the premium will be paid and delivered by the intermediaries to the insurance companies. Two, it will also take care of the interests of the intermediaries, that upon meeting their responsibilities of getting the insurance policies and getting business to the insurers, they ... view
• 27 Feb 2019 in National Assembly: (7) The Cabinet Secretary may make regulations to give effect to this section. The import of these amendments is to bring order to the insurance industry in terms of the conflict which was arising from the proposed amendment. The proposed amendment by our Committee will ensure that the interests of the insured is taken care of. That the premium will be paid and delivered by the intermediaries to the insurance companies. Two, it will also take care of the interests of the intermediaries, that upon meeting their responsibilities of getting the insurance policies and getting business to the insurers, they ... view
• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move: 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: 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: THAT, Clause 12 of the Bill be amended in the proposed Section 204A view