OPINION | ALY S. MAHERALI | Across East Africa, insurance remains one of the least understood, yet increasingly important, financial services. The numbers tell an important story. According to the Insurance Regulatory Authority of Uganda (IRA), the country’s insurance industry grew by 10% in 2024, with gross written premiums rising …
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Life insurance drives record growth, even as most Ugandans remain outside the formal safety net Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance industry reached a historic milestone in 2025 after gross written premiums (GWP) surpassed the Shs2 trillion mark for the first time, signalling a maturing sector …
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MWANGI: The regional diversification of our banking business continues to strengthen, with more than 50% of the Group’s balance sheet and profit contribution now originating from markets outside our core market of Kenya. Nairobi, Kenya | THE INDEPENDENT & AGENCIES | Shareholders of Equity Group Holdings Plc have approved …
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Kampala, Uganda | NEWS CORRESPONDENT | By the time many people retire, they begin winding down. Not Rachel Kabala. Energetic and purposeful, Kabala is the kind of person who seems to have replaced the word “retirement” with “reinvention”. A retired corporate executive, she now runs a law firm in Wakiso, works …
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Kampala, Uganda | THE INDEPENDENT | Service Cops Limited has signed a strategic partnership agreement with Insurance Training College to establish the ITC–Service Cops Innovation Hub, an initiative aimed at driving digital transformation, innovation, and skills development within Uganda’s insurance and financial services sector. The partnership, announced in Kampala on May …
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Kampala, Uganda | NEWS CORRESPONDENT | After nearly 16 years in Uganda’s insurance industry, Jude Okeya has built more than just a career. He has built a name, a reputation, and a loyal client network that stretches across the country. A sales professional at ICEA LION Group, Okeya recently …
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Uganda’s insurance boom is failing to reach the majority Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance industry is being forced to confront an uncomfortable truth: it is growing, but it is not yet protecting most Ugandans. That was the central message at the 4th Annual Insurance Agents …
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ICEA LION pushes data-driven trust in evolving insurance landscape Mbarara, Uganda | NEWS CORRESPONDENT | Uganda’s insurance sector arrived in Mbarara carrying more than conference bags and business cards. It brought with it a quiet tension, a question hanging in the air like unclaimed luggage, can the industry grow …
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Kampala, Uganda | NEWS FEATURE | Uganda’s insurance penetration remains among the lowest globally, with some segments like motor insurance still struggling to gain traction. Many individuals view insurance as unnecessary or inaccessible, often until they experience loss firsthand. Godfrey Benegura has made it his mission to change that narrative. “Most …
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Kampala, Uganda | NEWS CORRESPONDENT | Insurance penetration in Uganda remains low, often hindered by misconceptions and lack of awareness. According to experts, one of the biggest challenges is convincing people that insurance is not a luxury but a necessity. “It’s difficult because many people think insurance is not …
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The Independent Uganda: You get the Truth we Pay the Price
