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APPROVAL
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GAZETTE NOTICE NO. 1
GAZETTE NOTICE NO. 1
THE INSURANCE ACT
(Cap. 487)
APPROVAL
NOTICE is given of the intention of The Jubilee Insurance
Company of Kenya Limited ("JICKL") having a registered office at
Jubilee Insurance House, Wabera Street, Nairobi and of P.O. Box
30376-00100, Nairobi, Kenya, to apply to the Insurance Regulatory
Authority for its approval pursuant to section 113 of the Insurance Act, Cap. 487, to the transfer ("Transfer") by JICKL of all those medical insurance policies issued by JICKL in relation to its medical insurance business to Jubilee Health Insurance Limited ("JMEDL") having a registered office at Jubilee Insurance House, Wabera Street Nairobi and of P.O. Box 6694-00100, Nairobi, Kenya, such transfer to take effect from the 3Ist December, 2018 (now past), of all those insurance policies issued by JICKL in relation to its medical insurance business subsisting at that date.
Copies of the documents setting out particulars of the proposed
Transfer and a copy of the proposed Conditional Portfolio Transfer
Agreement relating thereto as approved by the Insurance Regulatory
Authority are available for inspection at the registered office of
JICKL, its branches, the Insurance Regulatory Authority (IRA) and
4704 THE KENY A GAZETTE 29th November, 2019
(i) by-laws;
(ii) working, financial conditions, governance structures; and
(iii) the conduct of management committee, past or present members or officers of (CS/6749) Ndetika Rural Sacco
Society Limited and in accordance with section 58 as read together with section 73 of the Co-operative Societies Act, Cap. 490 Laws of Kenya.
Now therefore, I authorize (1) Phillips Koremo, Chief Co- operative Officer, Headquarters and (2) Lawrence Magaju, Co- operative Auditor I, Tharaka Nithi County, to hold an inquiry within fifteen (15) days with effect from the 25th November, 2019, at such place and time as may be expedient and duly notified by them.
The attention of all officers and members of the Society is directed to the following sections of the Co-operative Societies Act.
Section 60 (1) —
Costs of Inquiry
Section 60 (2) . —
Recovery of costs of expenses
Section 94
Offences
Section 73
Surcharges
Dated the 20th November, 2019.
GEOFFREY N. NJANG'OM BE, MR/0447315 Ag. Commissioner for Co-operative Development.
Dated the 20th November, 2019.
GEOFFREY N. NJANG'OM BE,
Ag. Commissioner for Co-operative Development.
Extracted Entities (1)
previous_gazette_ref
1
Details
- Act / Legislation
- THE INSURANCE ACT
- Reference
- Cap. 487
- Section
- section 114 (1) (a)
- Signed By
- GEOFFREY N. NJANG'OM BE
- Title
- Ag. Commissioner for Co-operative Development
- Date Signed
- 20th November 2019
- Page
- 58
- Extraction Method
- regex
Source Gazette
Vol. CXXI No. 163
Published 26th February 2019