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Tag Archives: Insurance

Insurance sector regulator outlines 2023 priorities

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …

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Local industry too small to cover mining industry: Insurers

  Kampala, Uganda | THE INDEPENDENT | Uganda’s mining industry is likely to face a struggle to access the needed insurance cover as they plan more exploration and production. As different companies step up their activities, huge amounts of money will be spent covering for any eventualities that might result in …

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EACOP is locally insured: IRA boss

Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline secured lead insurers within the country with the approval of the Insurance Regulatory Authority-IRA. The IRA Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega told journalists in Kampala that the insurance question around the project was already resolved. While there have …

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IRA plots compulsory insurance cover for markets, high rising buildings

Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority-IRA has revealed that they are strategizing to introduce a mandatory insurance cover for markets as well as high-rising buildings. When these plans finalize, this policy will be added to the already compulsory insurance policies like the motor third party, workman’s compensation, and …

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