THE insurer of Jomo Kenyatta Airport has denied being in any row with the airport's management over the claim arising from the August 7 fire incident.
APA Insurance refuted newspaper reports published on Sunday claiming that the company was in a Sh1 billion row with the Kenya Airports Authority over the fire damage claim.
"There is an amicable relationship existing between us. We are on the first stage of concluding the Insurance claim following the unfortunate fire loss at Jomo Kenyatta International Airport (JKIA) on 7th August 2013," said the insurance firm in a statement yesterday.
"We are still at the preliminary stage where KAA has to document its full claim. A preliminary amount has been advised to the loss adjusters by KAA."
The company denied holding a meeting with KAA last Tuesday over the matter as stated in the report.
APA said its claims settlement record is its pride therefore as and when amounts payable are agreed on by both parties after loss assessment is complete, it is willing to honour payments that will be due to the airport management authority.
Last month, the Insurance Regulatory Authority asked the insurance and reinsurance companies that are exposed to claims arising from the airport fire to expedite claims settlement to boost the image of the industry which has been battered by poor customer perception.