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Seven insurance firms face IRA fines for reporting breaches

 Commissioner of Insurance and The Insurance Regulatory Authority CEO Godfrey Kiptum speaks at a past event held at JW Marriott Hotel in Nairobi on November 26, 2025. 

Photo credit: File | Nation Media Group

By  Patrick Alushula

Business Reporter

Nation Media Group

Seven insurance firms are facing regulatory fines for missing deadlines to submit records of their business performance, including premiums received and claims paid out.

Disclosures by the Insurance Regulatory Authority (IRA) show Definite Assurance Company, The Kenyan Alliance Insurance Company Limited (General and Life), The Monarch Insurance Company Limited (General and Life), Star Discover Micro Insurance Limited and Birdview Micro Insurance did not file the returns for the quarter ended March 2026 with the regulator.

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