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Item type: Item , Access status: Open Access , Role of Regulatory Policies in the Relationship between Distribution Channel and Uptake of Life Assurance Products in Kisumu County, Kenya(European Journal of Business and Management, 2024-01) Khisa-Kodia _ Role of Regulatory Policies in the Relationship between Distribution Channel and Uptake of Life Assurance Products in Kisumu County, KenyaIn Kenya, Life Assurance has a low penetration leading to overstretched support systems. The symptoms of low uptake of Life Assurance policies in Kenya are manifested in members of the Kenyan population resorting to informal ways of risk management especially in cases of premature deaths of household bread winners. This study's objective was to determine the role of Regulatory policies on the relationship between Distribution channel and Uptake of Life Assurance products in Kisumu County, Kenya. The study, which was anchored on the Human Life Value theory, adopted a Descriptive Survey technique and was quantitative in nature. The study used a sample of 537 respondents calculated using the Taro Yamane (1970) formula from a population of 6376 public primary school teachers in Kisumu County chosen using the stratified random selection approach. The collected data was analyzed using descriptive statistics. Hierarchical regression was used to establish the theorized causal linkages. The strength of the association between the independent and dependent variables was evaluated using Pearson correlation. The findings indicate that there is a significant relationship between Life Assurance products uptake and Distribution channel using Regulatory policies as the moderator. The study concludes that Regulatory policies have a positive and significant effect on the relationship between Distribution channel and uptake of Life Assurance products and recommends the need for stakeholders in the insurance industry to understand the importance of Distribution channel and Regulatory policies in the overall business strategy.Item type: Item , Access status: Open Access , Factors Affecting Performance of Businesses of Public Corporations Retirees in Kenya: A Case of Kisumu City(European Journal of Business and Management, 2014) Khisa-Kodia, Janepher G.Venturing into business is thought to play an important role particularly to retirees as a source of extra income and also for keeping themselves busy in retirement. However, in spite of efforts from various stakeholders to enhance success of the retirees’ businesses, they have been performing poorly. According to the Retirement Benefits Authority (RBA) most businesses started by retirees fail within the first three years. The main objective of the study was to examine the factors affecting the performance of businesses of public corporation retirees in Kisumu. The study used a sample size of 193 retirees, who were picked from a population of 642 through stratified sampling technique. The study was a descriptive survey of the retirees and used both primary and secondary data. Primary data was collected from relevant retirees using structured questionnaires. Secondary data was obtained from the institutional reports and records of the retirees. The data collected was analyzed using descriptive statistics and presented in form of tables and frequency distributions. This study revealed that the major factors affecting performance of retirees’ businesses include financial stability, physical and mental strength, entrepreneurial skills and family base, which accounted for significant failure of businesses of retirees of public corporations in Kisumu. It was also revealed that many retirees lacked proper human relations skills to motivate and retain internal customers (employees) as well as maintain consistently satisfied customers. The study recommended that retirees in business should endeavour to attend trainings/seminars to improve their business and financial management skills. Further, the study recommended the enactment of a compulsory pre-retirement training on financial and business management for employees with at least five years to retirement. The researcher suggested that a similar study be done focusing on external factors affecting business performance and also focus on retirees in the private sector.Item type: Item , Access status: Open Access , Capital Adequacy and Financial Performance of Listed Insurance Firms at Nairobi Securities Exchange (NSE) in Kenya(Journal of Emerging Technologies and Innovative Research (JETIR), 2025-06) Asola, Allan Okwenda; Khisa-Kodia, Janepher Grace; Oganda, Jared AlloysThe purpose of this study was to examine the effect of capital adequacy on the financial performance of insurance firms listed at NSE in Kenya. A longitudinal research design was adopted in this study. The target population of the study composed of 6 insurance firms listed at the NSE in Kenya for periods from 2009 to 2018. Secondary data was collected from the annual audited financial statements of the insurance firms listed at NSE. Census of all six insurance firms listed at the NSE was adopted. STATA statistical software was used to analyze the data. The research findings were presented in tables and figures. The study established that listed insurance firms at NSE in Kenya had a positive RoA and positive RoE. The insurance firms also maintained good quality assets between the periods 2009 and 2018 thus enabling them to generate significant income. A significant variation in the total assets possessed by insurance firms listed at NSE was an evident that some firms accumulating huge volume of assets and others having small volumes of assets. There was a significant and positive correlation existed between capital adequacy and financial performance of the insurance companies listed at NSE in Kenya. The results also provided evidence that capital adequacy had statistically significant relationship with the financial performance of the insurance firms.Item type: Item , Access status: Open Access , Demystifying Insurance Contracts in Kenya: An Explanatory Approach(European Journal of Business and Management, 2018) Khisa-Kodia,; G. JanepherIf there is any subject globally that has been misunderstood, misinterpreted, misused, misjudged and misconceived, it is insurance and more so, insurance contracts. This paper attempts to demystify the subject of insurance in Kenya with special reference to insurance contracts. It not only highlights the difference between insurance and gambling, but also expounds the various types of insurable risks as well as breaking down and discussing the components of a valid insurance contract and the implications of breach of the same. The paper also touches on the basic principles of insurance universally recognized, including Utmost Good Faith (Uberrmae fides), Insurable interest, Proximate cause, Indemnity, Contribution and Subrogation, putting more emphasis on the fundamental principle of Uberrimae fides. The paper takes an explanatory approach to expound on the contract of insurance touching on offer and acceptance issues in detail, the proposal form and contents in various types of insurance, and finally explores the contentious issue of Material factsItem type: Item , Access status: Open Access , Use of Black Soldier Fly (Hermetia Illucens) Larvae Meal in Aquaponics System for African Catfish (Clarias Gariepinus) Production(International Journal of Fisheries and Aquaculture, 2024-09) Nguka, Samuel O.; Muriithi, Alice N.; Mweresa, Collins K.Aquaponics is an important technique that entirely depends on fish feed, which is expensive and accounts for up to 60% of total variable costs. Black soldier fly larvae (BSFL) meal is one alternative to fishmeal in aquaponics systems. To promote the use of sustainable alternative aquaculture feed instead of fish meal, this study investigated the effect of replacing fish meal with BSFL meal on African catfish (Clarias gariepinus) performance (survival and growth) and water quality in aquaponics. The study employed the Randomized Complete Block Design (RCBD). A total of 135 catfish fingerlings were stocked in three replicates across nine 100-liter water barrels (filled with 60 L of water) and fed twice daily for 56 days. For acclimatization, fingerlings were fed commercial feed for two weeks. Water cycled through the hydroponic media grows bed using an automatic timer (15 min every hour, day and night). Fish meal was replaced with black soldier fly larvae meal at 0% (BSFL0), 30% (BSFL30), and 50% (BSFL50). One-Way Analysis of Variance (ANOVA) analyzed the data using JMP 16 software. Water parameter results showed no significant (p > 0.05) effect of black soldier fly larvae meal on pH, electrical conductivity, ammonium, nitrite, and nitrate. Diet types had no significant (p > 0.05) effect on survival, weight gain, specific growth rate, feed conversion ratio, feed intake, or length gain. This study implies that 30 and 50% of fishmeal can be successfully replaced with black soldier fly larvae meal in aquaponics without affecting water quality or catfish growth performance. Therefore, using black soldier fly larvae meal should be promoted to increase African catfish production in aquaponics.