Boost for insurers as court backs softer claim terms
High Court declares that credit notes and assessor reports are sufficient proof of loss...
✨ Key Highlights
The High Court has ruled that credit notes and assessor reports are sufficient proof of loss, a decision that will significantly aid insurance companies seeking compensation for damages.
- The court overturned a Small Claims Court decision that had awarded only Sh2,900 instead of the claimed Sh499,488 to Huruma Maternity & Nursing Home.
- Key organizations involved include the High Court, Small Claims Court, and Huruma Maternity & Nursing Home.
- This ruling eases the burden for insurers and claimants who previously struggled to produce bank statements or receipts for payments settled through credit arrangements.
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CBK Loses Bid to Block Contractor’s Sh122 Million Claim - June 2026
The Central Bank of Kenya failed in its attempt to prevent payment of a contested Sh122.4 million debt from office modernization contracts initiated almost two decades ago. In a related legal development, the High Court ruled that credit notes and assessor reports are sufficient proof of loss, a decision that will significantly aid insurance companies seeking compensation for damages. Meanwhile, Jubilee Holdings is expanding its retail offerings across East Africa, targeting previously underserved customer segments to drive future growth.
