RBM Takes Over Prime Insurance

The Reserve Bank of Malawi (RBM) has closed down Prime Insurance following its placement under Statutory Management effective today June 3rd, 2016.

A statement from the central bank indicates that the insurance company will no longer offer its services to the public as all its branches and agencies have been closed down.

“In view of the above, the general public is being advised that all transactions that were handled by the branches and agencies must be forwarded to the company’s offices in Lilongwe or the Reserve Bank of Malawi’s Blantyre and Mzuzu branches,” reads the statement.

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