The gradual dynamics of unprecedented structural changes and profound technological advancement has seemingly paved way for multiple linkages and affiliation across markets. It’s a no brainer that global connectivity thus far has been propelled by the uptake of digital solutions brought about by technology innovations. As writer and inventor Arthur C. Clarke once said, ‘Any …
The rise and impact of artificial intelligence globally has been propelled by the growing demand to streamline and ease both individual and corporate systems. This phenomenon has been attributed to globalization and knowledge transfer which began sometime in the 1990s to 2014. Developed countries have been able to capitalize on the benefits of artificial intelligence …
THE FUTURE OF THE INSURANCE INDUSTRY WITH ARTIFICIAL INTELLIGENCE Read More »
The insurance industry plays a vital role in the development of economies. Through the years, economies have been able to use insurance products to safeguard investments and generate wealth. The macro impact of insurance products has been facilitated by the principles of insurance, which encourage resource mobilization through the collection of premiums that end up …
INSURANCE MARKETS IN KENYA AND OTHER DEVELOPING COUNTRIES Read More »
Public debt can be defined as the total sum of money owed by the national government to its creditors. Public debt is either domestic, external (foreign) or guaranteed. Domestic and external debt refers to financing obtained locally and internationally respectively while guaranteed debt is security offered by the Government to lenders should a counterparty default …
THE IMPACT OF HIGH PUBLIC DEBT ON INSURANCE INDUSTRY INVESTMENT STRATEGY Read More »
Paragraph 10 of part II of the First Schedule of the Value Added Tax 2013 (http://kenyalaw.org) had exempted Insurance Agencies, insurance brokerage, stock exchange brokerage and tea and coffee brokerage services from VAT. This was meant to spur economic activity in sectors that had witnessed slow growth over the years. For example, by exempting VAT …
THE NEGATIVE IMPACT OF VAT ON INSURANCE AGENCY AND BROKERAGE COMMISSION Read More »
