Trident Insurance clients to receive compensation payouts after collapse

PCF said the move follows its mandate under the Insurance Act to cushion policyholders when insurers are placed under statutory management or have their licenses revoked. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Policyholders Compensation Fund (PCF) has begun paying out compensation to clients of Trident Insurance Company Limited following its collapse. This action aims to provide relief to hundreds of customers affected by the insurer's failure.

Compensation payouts are capped at Sh500,000 per claim.
The Policyholders Compensation Fund (PCF), a state corporation under the National Treasury, is facilitating the payments.
Affected claimants have a two-year window, starting April 14, 2026, to submit their claims via the PCF online portal.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Related News

top5h ago

PCF Sets Deadline for Trident Policyholders to Claim Compensation

The Policyholders Compensation Fund (PCF) has opened compensation claims for policyholders and claimants of Trident Insurance Company Limited, which was placed under statutory management by the Insurance Regulatory Authority (IRA) due to financial difficulties.

Kenyans

📰 Read Full Story

top2d ago

US-Iran talks collapse after marathon negotiations in Pakistan

Marathon negotiations between the United States and Iran aimed at resolving the ongoing conflict have collapsed after 21 hours of talks in Islamabad, Pakistan.

Capital News

📰 Read Full Story

Video

Government Commits to Nithi Bridge and Land Compensation

The Star (Youtube)

3w ago

top3w ago

KoKo Gas Parent Company in UK Collapses Weeks After Exiting Kenya

The UK parent company of Koko Gas, KOKO Networks (UK) Limited, has collapsed into administration on February 19, 2026, mere weeks after its Kenyan operations shut down, impacting over 1.5 million households.

Kenyans

📰 Read Full Story