Preferential Trade Area Re-Insurance Company (Mandatory Re-Insurance Cessions)Act
2. Interpretation
2. Interpretation
In this Act, unless the context otherwise requires—"Agreement" means the Agreement establishing the Preferential Trade Area Re-insurance Company;"Cabinet Secretary" means the Cabinet Secretary for the time being responsible for insurance;"Company" means the Preferential Trade Area Re-insurance Company established by article 2 of the Agreement;"Commissioner of Insurance" means the Commissioner of Insurance appointed under section 3 of the Insurance Act (Cap. 487);"insurance business" has the meaning assigned to it in section 2 of the Insurance Act;"insurance and re-insurance institutions" means any insurance and re-insurance institution of any kind, public or private, registered or authorized to carry on insurance business in Kenya, and includes national insurance and re-insurance institutions;"sub-region" means the Eastern and Southern African sub-region.Source: Kenya Law