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HomeDaily NewsWednesday, July 15, 2026Seven insurers fail to file mandatory returns, face IRA scrutiny - July 2026
Business & Economy3 stories from 1 sources

Seven insurers fail to file mandatory returns, face IRA scrutiny - July 2026

Seven insurance companies are under scrutiny by the Insurance Regulatory Authority for failing to submit mandatory quarterly returns, preventing the regulator from assessing their financial performance. Separately, the Energy and Petroleum Regulatory Authority has announced that fuel prices will remain unchanged for the period July 15 to August 14, 2026. Investors in Kenya are increasingly opting to refurbish older commercial buildings rather than invest in new developments, driven by growing demand for sustainable spaces.

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Wednesday 10:17 AMCapital Business

Seven insurers fail to file mandatory returns, face IRA scrutiny

Seven insurers fail to file mandatory returns, face IRA scrutiny

Seven insurance companies are under scrutiny by the Insurance Regulatory Authority (IRA) for failing to submit mandatory quarterly returns. This non-compliance prevents the regulator from assessing their financial performance and industry compliance.

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Key Highlights

Seven insurance companies are under scrutiny by the Insurance Regulatory Authority (IRA) for failing to submit mandatory quarterly returns. This non-compliance prevents the regulator from assessing their financial performance and industry compliance.

  • The seven insurers are: Definite Assurance Company, Kenyan Alliance Insurance Company Limited (General and Life), Monarch Insurance Company Limited (General and Life), Star Discover Micro Insurance Limited, and Birdview Micro Insurance.
  • Insurers failing to submit returns hinder regulatory oversight and reduce financial information availability for stakeholders.
  • This comes as Kenya's insurance industry reported strong growth in Q1 2026, with gross written premiums rising 19.9 percent to Sh155.3 billion.
Tuesday 8:54 PMCapital BusinessFirst

EPRA keeps fuel prices unchanged in July review

EPRA keeps fuel prices unchanged in July review

The Energy and Petroleum Regulatory Authority (EPRA) has announced that fuel prices will remain unchanged for the period of July 15, 2026, to August 14, 2026.

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Key Highlights

The Energy and Petroleum Regulatory Authority (EPRA) has announced that fuel prices will remain unchanged for the period of July 15, 2026, to August 14, 2026.

  • Maximum retail prices for Super Petrol, Diesel, and Kerosene will stay the same.
  • The government has extended the 8% VAT relief on petroleum products for another three months.
  • EPRA utilized Sh945 million from the Petroleum Development Levy (PDL) Fund to maintain price stability.
Wednesday 8:50 AMCapital Business

Investors turn to ageing commercial buildings for higher returns

Investors turn to ageing commercial buildings for higher returns

Investors in Kenya are increasingly opting to refurbish older commercial buildings rather than invest in new developments, driven by a growing demand for sustainable and energy-efficient spaces.

Read Story

Key Highlights

Investors in Kenya are increasingly opting to refurbish older commercial buildings rather than invest in new developments, driven by a growing demand for sustainable and energy-efficient spaces.

  • 38 percent of respondents to Knight Frank Kenya’s Wealth & Investment Trends Report 2026 indicated clients are investing in underperforming commercial properties.
  • Knight Frank Kenya, a real estate consultancy, highlighted this trend.
  • Investors are prioritizing improvements to environmental performance to extend building life and attract tenants amid a competitive market where 75 percent of respondents cited renewable energy as a key consideration.
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