Healthcare infrastructure remains heavily concentrated in urban centres, limiting the utility of medical insurance for those who retire in rural areas BUSINESS FEATURE | ISAAC KHISA | Uganda’s insurance industry is tiptoeing into one of the country’s most neglected frontiers – medical cover for the elderly. The move, long overdue, marks …
Read More »Innovative car insurance product ‘Protecta Bode’ storms Ugandan market
Liberty General Insurance unveils “Protecta Bode” – An Affordable Car Body Coverage Solution in Partnership with Stanbic Bancassurance Agency & SafeCar by SafeBoda Kampala, Uganda | THE INDEPENDENT | There is often a lot of drama at car accident scenes across the country, with drivers of the concerned vehicles blaming each …
Read More »APA Insurance unveils international cover
The modular cover spans Africa, India, Europe and other international markets, with five plans targeted at both individuals and corporates Kampala, Uganda | JULIUS BUSINGE | APA Insurance Uganda, in partnership with South Africa’s Hollard Health, has launched an international health insurance product offering coverage of up to Shs36 …
Read More »Remembering Ssebaana Kizito and Uganda’s insurance future
The event served as a tribute to a national icon and a call to action for a stronger, more resilient industry that can safeguard livelihoods and drive inclusive growth Masaka, Uganda | JULIUS BUSINGE | Masaka City came alive on September 18 as the Insurance Training College (ITC) and …
Read More »Accountants urged to reinvent profession amid sustainability, insurance push
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 …
Read More »Insurers’ H1 premiums surge 9% to Shs 1trillion
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 …
Read More »IRA’s Kaddunabbi urges accountants to make insurance the pillar of Uganda’s social cohesion
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 …
Read More »Industry Leaders: Insurance vital in fighting poverty
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 …
Read More »Insurance industry urged to tap into Uganda’s growing pension sector
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 …
Read More »Insurance sector posts 10% growth in premiums to UShs 1.76 trillion
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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