Topic: IRA
Insurance industry records 11.9 per cent surge in claims payouts in Q3 2023
Dec 22, 2023 at 03:14 PM
A recent report from the Insurance Regulatory Authority (IRA) sheds light on the dynamic landscape of the insurance industry in Kenya, revealing a notable upswing in claims payouts...
Police, teachers medical scheme could be shelved over Sh5 billion unpaid claims
Dec 14, 2023 at 06:04 PM
The stability of the multibillion-shilling government-financed medical insurance scheme for teachers, police, and prison officers hangs in the balance as hospitals engaged in the p...
Moses Kuria warns police against soliciting bribes from motorists insured by Xplico
Dec 09, 2023 at 02:59 PM
Public Service Cabinet Secretary Moses Kuria has issued a stern warning to traffic police officers soliciting bribes from motorists covered by Xplico Insurance, following the recen...
Xplico Insurance under statutory management, Invesco Assurance in liquidation
Dec 08, 2023 at 04:59 PM
Kenya's Insurance Regulatory Authority (IRA) has moved decisively to address concerns in the insurance sector, announcing the placement of Xplico Insurance Company Limited under st...
Policyholders in collapsed insurance firms win as Treasury removes stringent rule
Sep 19, 2023 at 11:47 AM
Policyholders facing uncertainty in the aftermath of insurance company collapses have received a welcome relief as the Treasury formally abolishes a challenging requirement that de...
High Court refuses to suspend 50 per cent hike in motor vehicle insurance
Jan 07, 2022 at 09:57 AM
The High Court has dealt Kenyan vehicle owners a blow after it declined to suspend the planned 50 per cent increase of motor vehicle insurance premiums....
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