Entebbe, Uganda | Julius Businge | “Growth and comfort do not coexist,” declared Peter Kimbowa, delivering a wake-up call to nearly 2,000 accountants gathered in Entebbe for the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda (ICPAU) on day one – Sept.3. Kimbowa warned that Uganda’s accounting …
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Despite the upbeat numbers, structural weaknesses remain Kampala, Uganda | Julius Businge | Uganda’s insurance industry recorded a strong performance in the first half of 2025, with Gross Written Premiums (GWP) rising 9 per cent to Shs1.06 trillion compared with Shs933.76 billion in the same period a year earlier, according to …
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Entebbe, Uganda | Julius Businge | Kaddunabbi Ibrahim Lubega, the chief executive officer of the Insurance Regulatory Authority (IRA), has challenged Uganda’s accountants to transform their profession and safeguard the nation by championing personal insurance. Speaking at the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda …
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Kampala, Uganda | THE INDEPENDENT | The insurance industry wants insurance to be used as a tool to fight poverty amongst Ugandans, and not a luxury. Despite various efforts by the industry leaders, the attitude amongst the wider public remains that insurance is for the rich, and this is part …
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Kampala, Uganda | THE INDEPENDENT | Insurance companies in Uganda have been encouraged to design retirement-focused products to take advantage of opportunities in the fast-growing pension sector. Speaking at the inaugural Thought Leaders Forum on Pensions held at Mestil Hotel and organised by the Uganda Insurers Association (UIA), Rita Faith …
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Non-life insurance accounted for 55.95% of total premiums—slightly down from 58.14% the previous year Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance sector capped off 2024 with an impressive 10% growth in gross written premiums (GWP), rising from UShs 1.60 trillion in 2023 to UShs 1.76 trillion in 2024. This strong …
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Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has advised smaller companies to merge with others so as to make the insurance industry stronger and better. Uganda today has eight life insurance companies and 10 non-life insurance providers licensed, and these recorded a total of sh1.76 trillion in …
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Kampala, Uganda | THE INDEPENDENT | The Inter-Religious Council of Uganda (IRCU) has raised concern that the country’s continued failure to implement a National Health Insurance Scheme could result in severe consequences, especially as international donors withdraw funding from critical health programs. Speaking at the launch of the upcoming Family …
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Equi-Life to increase insurance penetration in Uganda Kampala, Uganda | THE INDEPENDENT | Uganda’s insurance sector has demonstrated significant growth in recent years, with gross written premiums increasing from sh1.44 trillion in 2022 to sh1.6 trillion in 2023, according to the Insurance Regulatory Authority of Uganda (IRA) performance report, reflecting an …
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KAMPALA, UGANDA | THE INDEPENDENT | UAP Old Mutual Insurance has officially launched its new online motor and travel insurance portals, marking a significant step forward in its digital transformation strategy, it said on May 14. These platforms are designed to streamline the insurance purchase process and offer customers a …
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The Independent Uganda: You get the Truth we Pay the Price
