Insurance

  • Advised and acted for the Deposit Protection Fund Board(now known as the Kenya Deposit Insurance Corporation), relating to recovery of debts owed to several collapsed financial institutions
  • Advising on the privatisation of Kenya Re-Insurance Corporation including sale to a strategic investor
  • Advised a regional reinsurance company on a KES 200 million reinsurance claim
  • Represented a local Insurance company on a KES 100 million claim.
  • Conducted a due diligence exercise for a leading regional insurance company. The exercise was necessitated by their expansion into real estate
  • Representing Madison Insurance in a tax dispute(with constitutional aspects) before the Kenyan High Court
  • Advised the Co-operative Insurance Company of Kenya Limited(CIC) in the Private Placement of 11,000,000 Class “A” Shares and 9,000,000 Class “B” Shares with a par value of 20 each of the CIC at the price of KShs.22.50. The private placement was successfully concluded in January 2008
  • Advised the CIC on its Staff Provident Fund Scheme with specific emphasis on the requirements of the Retirements Benefits Act, amendment to their Trust Deed and conversion from a provident fund to a pension scheme
  • Representing Keninidia in a claim by an importer for alleged theft of goods in transit(approximately worth KES 100 million(3 related suits))
  • Acting in a claim brought against Intra-Africa on losses arising out of fire and robbery
  • Defended an insurer against a claim arising from the 2007 post-election violence in Kenya, claim for damages within an exclusion clause under the policy, against liability for civil commotion and riot

Insights

The Business Registration Service Act: An attempt to make Kenya an investor’s dream

Finance Act, 2015: Key changes made to the Insurance Act(IA)


Key Contacts

Chacha Odera

chacha@oraro.co.ke

020 – 271 3 636/271 1 480

Walter Amoko

wamoko@oraro.co.ke

020 – 271 3 636/271 1 480

Geoffrey Muchiri

geoffrey@oraro.co.ke

020 – 271 3 636/271 1 480

Nelly Gitau

nelly@oraro.co.ke

020 – 271 3 636/271 1 480