Legislation prescribing IRA’s powers in respect of the authorization and prudential supervision of insurers.
The objects and functions of the Authority shall be to
- Ensure the effective administration, supervision, regulation and control of insurance and reinsurance business in Kenya
- Formulate and enforce standards for the conduct of insurance and reinsurance business in Kenya
- License all persons involved in or connected with insurance business, including insurance and reinsurance companies, insurance and reinsurance intermediaries, loss adjusters and assessors, risk surveyors and valuers
Click on the link to download the Insurance Act. Insurance Act