IRA Class 34 · General
Kidnap & Ransom in Kenya
Crisis-response cover for kidnap, ransom and extortion under IRA Class 34.
What does Kidnap & Ransom cover?
Pays ransom (reimbursed to the family or company), crisis-consultant fees, medical and psychiatric costs and loss-of-income while the insured is held.
Who needs Kidnap & Ransom?
Multinationals, NGOs operating in high-risk areas, high-net-worth families and journalists.
Examples of Kidnap & Ransom policies in Kenya
- Corporate K&R
- Family K&R policies
Frequently asked questions
Is paying ransom legal in Kenya?
K&R policies operate within applicable counter-terrorism and anti-money-laundering laws - payments must comply with sanctions regimes.
Regulation
Kidnap & Ransom is licensed under Class 34 of the Insurance Act (Cap 487) and supervised by the Insurance Regulatory Authority (IRA). Only insurers holding a current Class 34 licence may underwrite this cover in Kenya.