Insurance is dominated by incumbent players who many of us associate with archaic, bureaucratic processes. That may be true, but let’s be honest—they’re still raking in the dough. They do, in fact, ...

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KENYA: The gurus in insurance business define insurance as a risk transfer mechanism. This means that on payment of some little money (premium), the insurance company promises to pay your claim should ...

Instead, the rules attempt to define insurance products that are not swaps, but they do so in a way that raises a number of concerns regarding how certain products, including newer types of insurance ...