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The Catholic Church through the dioceses, religious congregations and various catholic institutions It is a limited liability company which will follow all rules as stipulated by the registrar of companies.
A survey was done which found out that the church pays 1b in premium annually and claims ration about 20%. -Little knowledge about the insurance in the catholic fraternity - Lack of proper advice about insurance Change the perception of the insurance in the market with the good will it is to have.
The strength of a company is determined by two things;
The bishops came up with the idea but appointed a board of directors to run the company on their behalf.
All general insurance classes excluding aviation and life.
Competitive terms based on the fact that the clientele is bound to return a low claims rate
Pacis is an insurance company dealing with various agents and brokers, while Waumini is a broker dealing with various underwriters in the market.
Just like any other broker, they have to compete for business. Pacis is committed to Fairness, Integrity and Transparency and Openness in all its business undertakings.
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