Kenya Regulatory Update: Mandatory Marine Cargo Insurance from 14 February 2025
A new regulatory requirement for all marine product imports into Kenya will come into effect on 14th February 2025. The Insurance Regulatory Authority (IRA) and the Kenya Revenue Authority (KRA) have jointly announced that all importers must obtain Marine Cargo Insurance from a locally licensed insurer, as per the Insurance Act, CAP 487, Laws of Kenya, before receiving customs clearance.
For our customers, this insurance will be arranged by Oximio and will be a mandatory document for shipping approval. The cost will be included as a Pass Through Cost (PTC), and details for compliance will be communicated.
Oximio in Kenya
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