Kampala, Uganda | THE INDEPENDENT | The insurance industry is adjusting its operational and business modules to cater for the new challenges facing the industry, the economy and social life, after unprecedented developments like COVID-19 over the last one year. The industry says this is a response to concerns that losses …
Read More »Silent ‘War’ as banks take insurance broker’s profits
Kampala, Uganda | THE INDEPENDENT | Commercial banks’ written premiums from insurance are on steady increase hardly three years after the banking law allowed banks to distribute insurance. The Insurance Regulatory Authority says the insurance premiums from Bancassurance now stand at slightly above twenty-six billion Shillings from zero in August 2017 …
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