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The institution of microinsurance in Kenya

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Magazine Issue: 
The masters of Africa [3]
Magazine date: 
Apr 2018

The Insurance Regulatory Authority (IRA) has published a draft bill governing microinsurance [4] business. Drawing inspiration from global success stories, the project has been designed to guarantee economic operations and secure resources for low-income populations. The new regulatory framework will make it possible to increase insurance penetration rate, estimated at 2.73% in 2016.

The draft bill also includes provisions regarding bancassurance [5] in Kenya.

Wed, 09/05/2018 - 14:34

Source URL: https://www.atlas-mag.net/en/article/the-institution-of-microinsurance-in-kenya

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[3] https://www.atlas-mag.net/en/issue/the-masters-of-africa
[4] http://www.atlas-mag.net/en/article/microinsurance
[5] http://www.atlas-mag.net/en/article/bancassurance