LETTERS: Insurance regulator yet to get growth strategy right

The Insurance Regulatory Authority(IRA) recently released the unaudited results for the fourth quarter of 2018 showing an upward trend in insurance uptake with premiums rising 4.2 percent to Sh216.37 billion.

Specifically, long-term insurance business grew by 5.3 percent to Sh87.34 billion while commission payments for life business went down 1.2 percent to Sh65.673 million. That is a huge figure and questions should be asked as to where these commissions belonging to agents go to.