A Bill now being discussed by the Senate, when passed, will require all vehicles in Kenya to undergo an annual emissions test and certificates issued to compliant vehicles.
Specialist development finance agency FSD Africa and East Africa's largest and composite insurer Jubilee Group have signed a Memorandum of Understanding (MoU), marking FSD Africa's first partnership with an insurer.
Shareholders of Nairobi-headquartered Equity Group Holdings have approved an insurance expansion into Kenya and the Democratic Republic of Congo, at the Group's 22nd Annual General Meeting held last week.
Treasury Cabinet Secretary John Mbadi has announced that the Government has initiated amendments to the Insurance Act to establish agricultural insurance as a standalone class of insurance business.
The Insurance Regulatory Authority (IRA) has issued a directive stating that all importers shall be required to digitally place marine cargo insurance cover for their imports with domestic insurers via a digital platform, prior to obtaining customs clearance.
African regulators and development finance institutions are working on frameworks that could unlock more domestic capital for regional infrastructural projects, according to Dr Corneille Karekezi, the Group Managing Director of Africa Re.
Kenya Reinsurance Corporation (Kenya Re) has proposed the establishment of a national flood risk insurance pool under a public-private partnership model, the reinsurer's Managing Director, Dr Hillary Wachinga, has said.
Kenya Reinsurance Corporation (Kenya Re) has reported net profits after tax of KES3,318.8m ($25.6m) for the financial year ended 31 December 2025, down by 26.9% from the previous year.
The Insurance Regulatory Authority's (IRA) announcement that it had placed three insurers under statutory management has drawn the ire of insurance agents.
The Insurance Regulatory Authority (IRA) has placed Trident Insurance Company, KUSCCO Mutual Assurance Limited, and Corporate Insurance Company under statutory management in accordance with the provisions of the Insurance Act.