- The matter of Salesio Kinyua Njagi and Nine Others v Invesco Assurance Company Limited [2021] (eKLR) dealt with the application of the law around the insolvency of insurance companies.
- Public interest is of great concern to the insurance industry, necessitating its consideration when filing liquidation proceedings against such companies.
- It is imperative to have clarity on the law that ought to govern the prosecution of insolvency of insurance companies, to ensure that the process safeguards the integrity of the insurance sector while simultaneously protecting the private interests of creditors.
The business of insurance, although primarily a matter of private contract, is characterised as one…
