Author: Nelson Mandela Muhoozi
Uganda’s insurance sector hits sh828.9bn premium mark in the second quarter of 2023
Uganda’s insurance sector continued to grow favourably, increasing from sh711.6bn in the second quarter of 2022 to sh828.9bn in the second quarter of [...]
Improving the uptake of agriculture insurance among Uganda’s smallholder farmers
Uganda’s uptake of agriculture insurance remains low despite the agriculture sector facing erratic weather patterns, floods, landslides and pest invas [...]
How new financial reporting approaches will affect Uganda’s insurance sector
Uganda’s insurance sector has adopted new reporting systems and amendments to existing regulations to boost the industry’s resilience in the market.
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Uganda gets first insurtech company to underwrite microinsurance
Turaco has been licensed to underwrite microinsurance in Uganda. The insurtech company becomes the first to acquire this underwriting licence.
Duri [...]
IRA: The Ugandan insurance fraternity has a role to play in entrenching a saving culture
Insurers have been told to support Uganda’s investment portfolio through boosted savings. According to Protazio Sande, the director in charge of plann [...]
Why integrating ESG in Uganda’s insurance sector is pivotal to driving sustainable growth
Uganda’s insurance sector is undergoing a transformative shift as it recognises the importance of environmental, social and governance (ESG) considera [...]
Petroleum Authority of Uganda rallies insurers to take on opportunities in oil and gas sector
The Petroleum Authority of Uganda (PAU), has asked stakeholders in the insurance industry to take on insurance business in the oil and gas sector.
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Uganda’s insurance industry players discuss strategies to grow insurance
Uganda’s insurance sector players have agreed to restrategise to grow their penetration in the industry using innovation and creativity.
Speaking a [...]
Uganda’s insurance sector gross written premium up 20% in 2022
Uganda’s insurance industry remained on a positive growth trajectory in the year 2022, with gross written premium (GWP) growing from sh1.183-trillion [...]
Uganda’s Insurance Regulatory Authority to digitise its supervisory operations
Uganda’s Insurance Regulatory Authority (IRA) is set to digitise supervising of the insurance industry at the start of the next financial year.
Thi [...]