6519 Results Found

The Insurance Act, 2020 ( Revised)

Kenya, The National Treasury and Planning

This is an Act of Parliament augmenting the laws relating to insurance, the business of insurance and other related matters. The Act covers: the establishment of Insurance Regulatory Authority; registration of insurers; inspection and control of insurers; insolvency and winding-up; legal proceeding and appeal and other general matters.

Kenya 2020 Finance

Guideline to the Insurance Industry on External Auditors

Kenya, The National Treasury and Planning

These guidelines follows the Insurance Act and sets out the guidelines to be observed by all insurers in respect to the engagement of external auditors with the objective of ensuring reliable financial reporting for the public and to provide reasonable assurance for the financial statements of insurers.

Kenya 2013 Finance

Guideline to the Insurance Industry on Insurance Risk

Kenya, The National Treasury and Planning

These guidelines follows the Insurance Act with the objectives of ensuring insurance companies and reinsurance companies are managed effectively in a manner that guarantee effective and efficient risk management system. The guidelines outlines the principles for identifying, assessing and mitigating risk in the insurance sector and procedures to limit the exposure of insurers to insurance risk.

Kenya 2013 Finance

Guideline to the Insurance Industry on Reinsurance Arrangements

Kenya, The National Treasury and Planning

This guideline on reinsurance arrangement follows the Insurance Act and aims to ensure insurer and insurance intermediaries have a reinsurance management framework that would assist in limiting wide flunctuations in underwriting results.

Kenya 2013 Finance

Guideline on Risk Management and Internal Controls

Kenya, The National Treasury and Planning

This guideline aim to ensure insurance and reinsurance companies implement a prudent and effective risk management and internal controls system.

Kenya Finance

Guideline to the Insurance Industry on the Acturial Function

Kenya, The National Treasury and Planning

This guideline aim to ensure insurance and reinsurance companies implement a prudent and effective acturial function regarding pricing activities and compliance with statutory and regulatory requirements.

Kenya 2013 Finance

Guideline on Valuation of Technical Liabilities for General Insurers

Kenya, The National Treasury and Planning

This guideline outlines: the principles for measuring and reporting insurance liabilities by insurers; procedure for appropriate valuation of insurance liabilities; and the responsibilities for insurer’s board and senior management for the appropriate valuation of insurer’s liabilities.

Kenya 2013 Finance

Guidelines on Financial Resource Requirements for Market Intermediaries

Kenya, The National Treasury and Planning

These guidelines outlines the requirements to be adhere by market intermediaries in Kenya to foster the implementation of Risk Based Supervison. Key sections of the document are requirements for liquid assets and the ranking of liabilities.

Kenya 2012 Finance

Guideline on the Prevention of Money Laundering and Terrorism Financing in the Capital Markets

Kenya, The National Treasury and Planning

This guideline oulines the procedures for customer identification; customer due diligece; record keeping; new technology and non-face to face transactions; reporting requirements; the role of the capital market authority; internal policies, compliance and training requirements; audit; tipping off; reliance on third parties and combating the financing of terrorism.

Kenya 2012 Finance

Guideline on Insurance Products for Insurance Companies and Intermediaries

Kenya, The National Treasury and Planning

This guideline follows the Insurance Act and aims to ensure insurance products sold by insurance companies and insurance intermediaries are not exploitative to the consumers and serve the purpose for which it is sold, i.e, consumers should be fully aware of product design, pricing, marketing, and other necessary disclosures.

Kenya 2012 Finance

Guideline for Market Conduct for Insurance Investigators and Motor Assessors

Kenya, The National Treasury and Planning

In line with the Insurance Act, this guidelines outlines the standards for the conduct of insurance investigators and motor assessors to ensure best practices and professioalism in the insurance business and for the effective development of the insurance sector.

Kenya 2012 Finance

Guideline to the Insurance Business on Market Conduct for Insurers

Kenya, The National Treasury and Planning

In line with the Insurance Act, this guidance aims to ensure the protection on customers in the market for insurance business and in the activities of insurers with the objective of strengthening public trust, minimise risk in the insurance sector and to ensure insurers compete in tandem with best business practices to prevent the exploitation of consumers.

Kenya 2013 Finance

Guideline on Claim Management for the Insurance Industry

Kenya, The National Treasury and Planning

The aim of this guideline to ensure transparency and efficiency in claim management and processing with the goal of increaing customer satisfaction in the insurance industry

Kenya 2012 Finance

Market Conduct Guidelines for Insurance Intermediaries

Kenya, The National Treasury and Planning

This guidelines follows the requirements of the Insurance Act and aims to ensure proper conduct by intermediaries in the performance of their duties in other to promote best practices in the conduct of insurance business and the promote public trust in the insurance sector.

Kenya 2011 Finance

The Retirement Benefits Post-Retirement Medical Funds Guidelines

Kenya, The National Treasury and Planning

The guidelines set out the framework for the management and administration of post-retirement medical funds; guidance on transfer and access to retirement funds; and guidance for voluntary contribution to post-retirement medical funds.

Kenya 2018 Finance

Management, Supervision and Internal Control Standards by the Capital Market Authority

Kenya, The National Treasury and Planning

This standard is to ensure proper conduct of licensed and approved businesses in the capital market to ensure their compliance with laws, rules and regulations. The standard covers: management and supervison; segregation of duties and functions; personnel and training; information management; operational control; risk management; and audit.

Kenya 2020 Finance

The Insurance (Micro-insurance) Regulation

Kenya, The National Treasury and Planning

These regulations on micro-insurance applies to the approval of micro-insurance products; change in product features; group microinsurance policies; appointment and registration of micro-insurance intermediaries; training obligations; reprting requirements and other related matters.

Kenya 2020 Finance