Insurance Regulatory Authority
Underwriters’ losses surge to Sh6.34b on Covid shocks
Reading Time: 2 minutes Insurance industry’s net loss on underwriting business ballooned 437 per cent to a record Sh6.34 billion for the fourth quarter […]
Lobby group sues IRA over 50pc hike in insurance costs
Reading Time: 2 minutes Kenya Human Rights Commission has sued Insurance Regulatory Authority over the increased insurance premiums for vehicles and exclusion of specific […]
Price cuts bite chunk of insurance earnings
Reading Time: 2 minutes Steve Umidha @steveumidha It will not be long before the Association of Kenya Insurers (AKI) releases another industry tracker and […]
Fraudsters change tack, rob insurers billions annually
Reading Time: 2 minutes Insurance companies are losing billions of shillings annually to fraudsters, who have now devised ingenious ways to line up their […]
Firms to be fined Sh200,000 for submitting insurance policy fees late
Reading Time: < 1 minute The government plans to amend the Insurance Act to make companies pay fines for late submission of policy fee. In […]