Tag Archives: Insurance

Johannesburg, South Africa | THE INDEPENDENT | Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the global insurance and financial services leaders have got approvals from regulators to merge their operations in 27 African countries including Uganda. The two have announced that they have received regulatory approvals …

Kampala, Uganda | PATRICIA AKANKWATSA | Francis Kamau is the CEO of GA Insurance. He spoke to The Independent’s Patricia Akankwatsa in an interview about Uganda’s insurance growth prospects. GA Insurance entered the Ugandan market through the acquisition of Nova Insurance Company nearly four years ago. How has business been so …

Kampala, Uganda | THE INDEPENDENT | The Inaugural Uganda Insurers Association (UIA) Life Camp ended in Eastern Uganda after a week of activities where insurance companies exhibited different Life Insurance products. The camp took place at the UCU Mbale Grounds starting July 24th -28th. The week-long event saw 9 Life Insurance …

Kampala, Uganda | THE INDEPENDENT | Absa Bank in partnership with UAP Old Mutual unveiled Absa Medical Insurance policy targeting self-employed and non-salaried individuals in the drive to increase access to health insurance. The policy that covers treatment for critical illness, inpatient, optical, dental, maternity, disability cover, funeral expenses, a wellness …

  Kampala, Uganda | THE INDEPENDENT | Letshego Uganda has partnered with Africa’s insurtech Turaco Insurance Brokers Ltd to provide affordable health insurance coverage to Letshego customers. The partnership aims to help mitigate health-related financial risks in line with Letshego’s mission of empowering the underbanked and driving financial inclusion in …

Kampala, Uganda | THE INDEPENDENT | dfcu Bank has launched a new campaign targeting individuals in the insurance sector. Robert Muhiire who is dfcu Bank’s Principal Officer Bancassurance said the campaign is dubbed ‘Cover with Us’ and will provide a variety of insurance solutions to the Bank’s customers, which can be …

Kampala, Uganda | THE INDEPENDENT | ICEA General Insurance has once again been crowned overall winners of the Insurance Gala 2023 edition held at KISU play grounds. ICEA who were also winners of last year’s edition beat over 40 other participants to the top prize. UAP Old Mutual Insurance emerged the …

Kampala, Uganda | THE INDEPENDENT | The Minister of Health has revealed that the National Health Insurance Scheme Bill will be re-tabled. The Bill was on 31st March 2021 passed by Parliament but President Yoweri Museveni declined to assent to it due to disagreements among some stakeholders. It was then reported …

Kampala, Uganda | THE INDEPENDENT | The insurance industry has declared the direct effects of the COVID-19 pandemic on the business behind them, following sustained growth in premiums raises and claims paid. According to the figures, the industry remained on a positive growth path in 2022, with Gross Written Premium …

BoU data shows members’ deposits stood at Shs.884.96 billion, while shares and other equity amounted to Shs.865.61 billion and Shs.1.471 trillion Kampala, Uganda | ISAAC KHISA | Local insurers in Uganda, just like their counterparts across Africa, are leveraging on bancassurance, agents and their physical outlets to increase insurance sales and …