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Kenya Deregisters 20 Insurance Brokers in Major Compliance Clean-Up

What Happened: Broker Licences Cancelled The Insurance Regulatory Authority (IRA) of Kenya recently took decisive action by cancelling the licences of 20 insurance brokerage firms. The change was officially communicated via a Kenya Gazette notice on 18 July 2025, and it states that the affected brokers ceased transacting insurance business as of 30 June 2025, […]

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Fraud Decline Spurs Profits Surge in Kenya’s Insurance Sector

What the Latest Data Reveals Kenya’s insurance industry saw a sharp drop in fraud reports in Q4 2024, while its profits leapt nearly four-fold, driven largely by brisk investment returns in government bonds, according to the Insurance Regulatory Authority (IRA). Build the future you deserve. Get started with our top-tier Online courses: ACCA, HESI A2, […]

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