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.
The Standard
… Speaking during the opening of a three-day Insurance Open Day program organized by the Insurance Regulatory Authority (IRA), Ms Kiome-Gitonga said there was need for improved uptake of insurance services to spur the local economy."It is, however, a matter of concern that Meru Cou …
Insurance authority regrets low uptake in MeruThe Standard
… I call upon Kenyans to give more women the chance to lead," she said.A director with the Insurance Regulatory Authority, IRA, Immaculate Shamalla, said giving women equal opportunity in leadership will drive the country to economic prosperity. …
Give women a chance, do not judge based on gender, but on service deliveryThe Standard
… Insurance penetration dropped to 2.2 per cent of GDP in the first half of 2025, according to the Insurance Regulatory Authority and Central Bank of Kenya. …
Low insurance uptake exposes Kenyans to rising flood, theft damageCapital News
… Additionally, the ministry will work with the Insurance Regulatory Authority to address concerns relating to insurance claims affecting public transport operators. …
President Ruto Warns Against Scrapping Fuel Taxes Amid Economic PressureCitizen Digital
… He also directed the Ministry, together with the Insurance Regulatory Authority (IRA), to address disputes surrounding insurance claims affecting public transport operators. …
President Ruto orders NTSA to allow graffiti on matatusCitizen Digital
… the three implicated members “step aside” was purely an act of “national interest." The affidavit highlights that the engagement of Riskwell Insurance - an entity that was created just 40 days before the start of CHAN 2024 - was not licensed by the Insurance Regulatory Authority …
Inside Mariga’s affidavit & what it says about CHAN scandalThe Standard
… Insurance penetration fell to 2.2 per cent of gross domestic product (GDP) in the first half of 2025, down from 2.4 per cent in 2024, according to data from the Insurance Regulatory Authority (IRA) and the Central Bank of Kenya (CBK). …
Insurance penetration slips as firms target underserved groupsCitizen Digital
… The Ksh42.7M Riskwell Scandal Shortly before the start of CHAN 2024, Ksh. 42.7 million was allegedly paid to Riskwell Insurance Brokers Limited for tournament insurance in July of 2025.Nine months down the line, the Insurance Regulatory Authority (IRA) came out and stated that Ri …
OPINION: What SDT, High Court rulings mean for embattled FKF boss Hussein amid insurance allegationsThe Standard
… probe into the reported loss of Sh42 million insurance funds meant for the African Nations Championship (CHAN) 2024, co-hosted by Kenya, Uganda and Tanzania.This after the explosive allegation, supported by bank documents, a damning letter from the Insurance Regulatory Authority …
EACC officers visit FKF Nairobi offices in CHAN insurance scandal investigationThe Standard
… He welcomed the probe which is being carried out by the Ethics and Anti-Corruption Commission (EACC), Insurance Regulatory Authority (IRA), Public Procurement Regulatory Authority (PPRA), Confederation of African Football (CAF), and FIFA.“We welcome these processes and respectful …
CHAN scandal: Mariga calls for speedy probe on Sh42 million insurance sagaCIC 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 →