vehicle insurance premiums Stories

KRA announced that the revised CRSP schedule will be applied in determining the customs value of used motor vehicles brought into the country.

In addition to the insurance tax, the congestion levy is expected to target major urban areas such as Nairobi, Mombasa, Kisumu, Eldoret, and Nakuru.

The Insurance Regulatory Authority data shows that 14 out of 21 medical insurers posted underwriting profits in the first half of 2024.