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GAZETTE NOTICE NO. 349

THE INSURANCE ACT

(Cap. 487)

REGULATION

NOTICE is given for the general information of the public that, pursuant to section 179 of the Insurance Act and regulation 12 of the Insurance (Policyholders Compensation Fund) Regulations, 2010, the Board of Trustees of the Policyholders Compensation Fund in consultation with the Cabinet Secretary National Treasury, has approved that the maximum amount payable as compensation on any one claim, for all classes of insurance, shall be Kenya Shilling Five Hundred Thousand (KSh. 500,000). This compensation limit shall apply to policyholders and claimants of any insurer that is, after the commencement date of this Notice, placed under statutory management or whose licence is cancelled in accordance with section 67C (2) of the Insurance Act. This notice shall take effect from the date of publication and shall remain in force until otherwise notified. Dated the 1st January, 2026. MOHAMED A. SAHAL, MR/7897985 Managing-Trustee.

Dated the 1st January, 2026.

MOHAMED A. SAHAL,

Managing-Trustee.

Extracted Entities (1)

previous_gazette_ref

349

Details

Act / Legislation: THE INSURANCE ACT
Reference: Cap. 487
Section: section 179
Signed By: MOHAMED A. SAHAL
Title: Managing-Trustee
Date Signed: 1st January 2026
Page: 21
Extraction Method: regex

Source Gazette

Vol. CXXVIII No. 6

Published 1st January 2026