Kenya’s top insurance companies, including CIC and Jubilee, have missed the deadline for publishing financial results for the year ended December 2023 as they struggle to comply with a new industry accounting standard, denying investors and policyholders a peek into the financial health of the firms.
Insurance firms must publish their financial statements before the end of April and a number of Kenya’s insurers have sought approval from the Insurance Regulatory Authority (IRA) to breach the deadlines.
