Also known as: IRA
Insurance Regulatory Authority — regulator of Kenya's insurance sector, enforces regulations and collects market data on insurers and insurance penetration.
Verbatim sentences from the source article.
Citizen Digital
… The subsidiary is governed by the Insurance Regulatory Authority’s Microinsurance Regulations of 2020, which stipulate a framework for insurers to offer products tailored to low-income and underserved customers. …
CIC’s new microinsurance subsidiary to offer affordable insurance solutions to KenyansThe Standard
… Established in 2008, the subsidiary is licensed and regulated by the Insurance Regulatory Authority to provide bancassurance services. …
Family Bank bets on SMEs to drive new health insurance businessThe Standard
… Cytonn Investments, citing data from the Insurance Regulatory Authority (IRA) and the Central Bank of Kenya (CBK), reported insurance penetration fell to 2.2 per cent in the first half of 2025, well below the global average of 7.4 per cent reported by Allianz. …
Insurers bundle investments with cover as uptake stallsThe Standard
… Amaco, which is partly owned by President William Ruto's family, saw its market share in the PSV segment drop to 21 per cent from 44.61 per cent posted in December 2025, according to industry data by the Insurance Regulatory Authority (IRA). …
Amaco loses grip on matatu insurance market as Directline bounces backThe Standard
… Unlocking this potential, however, will require deliberate regulatory harmonization between SASRA and the Insurance Regulatory Authority (IRA). …
The growing healthcare burdens on SaccosCitizen Digital
… Insurance Regulatory Authority Commissioner and Chief Executive Officer Godfrey Kiptum said flexible payment models that reflect consumers' cash-flow patterns could help improve insurance penetration, particularly among informal sector workers and underserved households. …
Jubilee introduces instalment-based health insurance payments to widen accessCitizen Digital
… The NIFC said it has also been working with financial sector regulators, including the Central Bank of Kenya (CBK), the Capital Markets Authority (CMA), the Insurance Regulatory Authority (IRA), the Retirement Benefits Authority (RBA) and the Nairobi Securities Exchange (NSE), to …
NIFC certifies 15 new firms to attract over Ksh.26B investments, jobs in KenyaThe Standard
… In 2024, the Insurance Regulatory Authority’s (IRA) Annual Industry Data lists 15,000 licensed insurance agents and 237 insurance brokers, up from 14,648 agents and 226 brokers in 2023. …
Digital push seen as key to unlocking Kenya's insurance marketThe Standard
… Strong risk mitigation measures, supported by robust marine insurance coverage, are key for businesses seeking to protect assets and maintain operational continuity.” To ensure increase uptake of marine insurance that could reduce importation risks, Insurance Regulatory Authority …
Maritime stakeholders call for adoption of marine insuranceThe Standard
… AKI is working with the Insurance Fraud Investigation Unit, Insurance Regulatory Authority, and Traffic Police to combat insurance fraud. …
Informed consumer is key to dealing with fake motor insurance certificatesCIC Insurance Group has launched CIC Impact, a microinsurance subsidiary offering affordable insurance products for low- and middle-income earners, MSMEs, farmers and cooperatives under Kenya's Microinsurance Regulations of 2020.
30 July 2026 · Citizen Digital →
CIC Insurance Group has launched CIC Impact, a microinsurance subsidiary offering affordable insurance products for low- and middle-income earners, MSMEs, farmers and cooperatives under Kenya's Microinsurance Regulations of 2020.
30 July 2026 · Citizen Digital →
Family Bank has entered the health insurance market through its subsidiary, partnering with APA Insurance to offer Family Afya, a medical cover targeting SMEs, households and individual customers with inpatient and outpatient coverage, maternity services, and treatment for chronic illnesses including cancer.
22 July 2026 · The Standard →
Kenya's insurers are combining investment products with health and life insurance to attract customers resistant to standalone insurance; insurance penetration fell to 2.2 per cent in the first half of 2025, well below the global average of 7.4 per cent.
17 July 2026 · The Standard →
African Merchant Assurance (Amaco) has seen its market share in insuring Kenya's public service vehicles fall to 21 per cent from 44.61 per cent in December 2025, according to Insurance Regulatory Authority data. Directline Assurance has grown its PSV market share to 62 per cent over the quarter to March 2026, rebounding from a 35 per cent share in the first quarter of 2025.
14 July 2026 · The Standard →
SACCO Societies Regulatory Authority data shows regulated saccos disbursed Sh2.79 billion in medical loans in Q1 2026, a 31 per cent increase from Sh2.13 billion in Q1 2025. This opinion piece argues the surge reflects weakened community safety nets and signals a troubling shift in the cooperative movement's role away from building economic resilience toward managing immediate healthcare crises.
6 July 2026 · The Standard →
Jubilee Health Insurance has introduced an instalment-based premium payment model allowing customers to activate cover after an initial payment and pay the remaining premium in up to 10 monthly instalments. Entry-level plans start at KSh3,256 per month with KSh200,000 inpatient cover and KSh40,000 outpatient benefits, targeting individuals, families, first-time buyers and SMEs with 3–50 employees.
3 July 2026 · Citizen Digital →
Kenya's Nairobi International Financial Centre certified 15 new companies expected to mobilise more than US$200 million in investment and create over 1,000 direct and indirect jobs across sectors including digital finance, artificial intelligence, climate finance, and fintech.
1 July 2026 · Citizen Digital →
Kenya's insurance penetration stands at barely three per cent. Stakeholders say digital adoption can help overcome barriers of access, relevance, and trust, complementing traditional agent-based distribution as younger Africans increasingly prefer digital channels for financial services.
1 July 2026 · The Standard →
Industry experts warn that businesses are exposing themselves to significant financial losses by failing to adequately insure cargo through global supply chains, with Kenya importing goods worth more than Sh2.7 trillion annually despite relatively low marine insurance penetration. The Port of Mombasa handles millions of tonnes of cargo annually but movement of goods remains vulnerable to vessel collisions, fires, explosions, piracy, and weather disruptions, with a single incident potentially resulting in losses running into millions.
25 June 2026 · The Standard →
Cases of fake motor insurance certificates are increasing across Kenya, often issued by rogue agents to unsuspecting motorists who purchased in good faith. Drivers with fake coverage face full personal liability for accident costs and are encouraged to verify policies via the Bima Yangu App or by dialling *352#.
19 June 2026 · The Standard →
Official statistics show Meru County has an insurance penetration rate of 1.3 percent, significantly below other counties. The Insurance Regulatory Authority and county leadership have called for increased public awareness and uptake of insurance services to spur economic development.
19 June 2026 · The Standard →
Former Cabinet Secretary Susan Nakhumicha has defended women in leadership and urged Kenyans to judge them based on service delivery rather than gender, arguing that women should be given the opportunity to prove their abilities in elected positions.
2 June 2026 · The Standard →
Kenya's insurance penetration at 2.2 per cent of GDP in the first half of 2025 leaves households vulnerable to financial shocks. March 2026 flooding killed at least 112 people across 30 counties, damaged nearly 7,000 households, and stranded at least 71 vehicles in Nairobi, with most victims lacking insurance cover to recover losses.
31 May 2026 · The Standard →
President Ruto directed a KSh10 reduction in diesel prices for the June-July cycle and defended the government's fuel price support measures—including Petroleum Development Fund use and a 50 per cent VAT reduction—saying they have committed KSh28.19 billion across recent pricing cycles to cushion Kenyans from Middle East conflict-driven fuel price pressures.
22 May 2026 · Capital News →
President William Ruto has directed the National Transport and Safety Authority to allow matatu operators to use graffiti and artwork on public service vehicles, saying the government will facilitate an enabling environment for artistic expression while ensuring safety and respect for other road users.
22 May 2026 · Citizen Digital →
Football Kenya Federation deputy McDonald Mariga filed a 63-page affidavit to the Sports Disputes Tribunal alleging FKF President Hussein Mohammed used a single signatory system to manage millions in public and donor funds without National Executive Committee approval, including a KSh.42.7 million CHAN 2024 insurance scandal.
13 May 2026 · Citizen Digital →
Kenya's insurance penetration declined to 2.2 per cent of GDP in the first half of 2025 from 2.4 per cent in 2024, well below the global average of 7.4 per cent. Insurers are expanding into underserved segments such as elderly people and children, though uptake remains limited.
13 May 2026 · The Standard →
The Sports Disputes Tribunal temporarily suspended FKF President Hussein Mohammed's ouster over a Ksh. 47.7 million insurance scandal and blocked McDonald Mariga's appointment as "Acting President" pending investigations, days after NEC members voted to remove him.
29 April 2026 · Citizen Digital →
The Ethics and Anti-Corruption Commission visited FKF offices as part of an ongoing investigation into an insurance scandal involving the loss of Sh42 million in funds meant for the African Nations Championship 2024. FKF President Hussein Mohammed, acting-CEO Dennis Gicheru and NEC member Abdallah Yusuf were suspended by the federation after brokerage fees were wired to an unlicensed company.
28 April 2026 · The Standard →
Football Kenya Federation's NEC suspended President Hussein Mohammed, acting-CEO Dennis Gicheru, and NEC member Abdallah Yusuf over the reported loss of Sh42 million in CHAN Pamoja tournament insurance funds, appointing McDonald Mariga as acting-President. The EACC, IRA, PPRA, CAF, and FIFA are investigating the matter, which Mohammed denies, claiming CAF procured the insurance and FKF made no payments to any insurance company.
25 April 2026 · The Standard →