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IRA declares closure of Directline Assurance Company null and void

IRA CEO Godfrey Kiptum during the Continental Reinsurance 10 years anniversary Celebrations, on Thursday, October 11 2018. [David Njaaga, Standard]

The Insurance Regulatory Authority(IRA) has termed as null and void communication made by Royal Credit Limited in regards to the operations of Directline Assurance Company.

IRA CEO Godfrey Kiptum in statement issued to newsrooms said that the purported actions are null and devoid of any legal effect and as such the insurer continues in full operation as licensed and approved by the Authority.

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