Tag Archives: Insurance Regulatory Authority (IRA)

Retailers in Kenya are attributing the low uptake of insurance in the sector to high premiums and limited profit margins. Retail Trade Association of Kenya (RETRAK) CEO Wambui Mbarire told Capital FM that while large retailers can afford insurance, many informal traders struggle to meet basic requirements like operating from …

Directline Assurance has immediately ceased issuing new insurance policies. The company announced that all future transactions must be conducted through its original shareholders and labeled a CR12 document, which lists different shareholders, as fraudulent and improperly acquired. Directline has decided to halt its insurance operations and stated that, effective September …