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
The Retirement Benefits (Umbrella Retirement Benefits Schemes Amendment) Regulations
Kenya, The National Treasury and Planning
These regulations amends the umbrella retirement benefits schemes – retirement benefits schemes established by a sponsors for the benefits of members employed by participating employers.
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 Mortgage Loans Amendment Regulations
Kenya, The National Treasury and Planning
This regualtion is an amendment to the retirement benefits mortgage loans regulations covering the purchase of residential houses.
Kenya • 2020 • Finance
The Tax Procedures (Unassembled Motor Vehicles and Trailers) Regulations
Kenya, The National Treasury and Planning
This regulation applies to the importation of unassembled motor vehicles or trailers and other related matters.
Kenya • 2019 • 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