Nairobi, July 13 -- Seven insurance firms are facing regulatory fines for missing deadlines to submit records of their business performance, including premiums received and claims paid out.

Disclosures by the Insurance Regulatory Authority (IRA) show Definite Assurance Company, The Kenyan Alliance Insurance Company Limited (General and Life), The Monarch Insurance Company Limited (General and Life), Star Discover Micro Insurance Limited and Birdview Micro Insurance did not file the returns for the quarter ended March 2026 with the regulator.

The latest disclosures highlight persistent compliance gaps in the sector, where 33 insurers were fined Sh80.21 million in 2024 for breaches, including missed reporting deadlines for either quarterl...