By Alhaj Kaddunabbi Ibrahim Lubega Just like Motor Third Party Insurance is mandatory for all motorists driving on Ugandan roads, Workers’ Compensation insurance is also mandatory for all businesses operating in Uganda, irrespective of size. This is provided for under section 18 of the Workers Compensation Act, which provides for compensation to workers for injuries… Continue reading WHY ALL WORK-RELATED INJURIES MUST BE PAID FOR BY WORKERS COMPENSATION INSURANCE
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IRA RECEIVES GIANT SAVINGS BANK FROM UIA
The Insurance Regulatory Authority of Uganda (IRA) has today received the giant savings bank from the Uganda Insurers Association at a function held at the Insurance Tower in Kampala. The giant savings bank was received by the IRA Director in charge of Planning, Research and Market Development, Mr. Protazio Sande on behalf of the Chief… Continue reading IRA RECEIVES GIANT SAVINGS BANK FROM UIA
JOY, GLAMOUR AS MOST INNOVATIVE INSURANCE SOLUTIONS ARE AWARDED
It was joy and glamour as the insurance industry’s most innovative solutions for 2022 were honored at a dazzling awards gala held Friday March 10th, at Serena Hotel, Kampala. Industry players and individuals driving change through innovative insurance solutions were recognised in nine award categories including most innovative insurance solution – non-life, most innovative insurance… Continue reading JOY, GLAMOUR AS MOST INNOVATIVE INSURANCE SOLUTIONS ARE AWARDED
2023 Annual Insurance Week launched, to kick off next week
The 2023 Annual Insurance Week (AIW), the Insurance Regulatory Authority (IRA) flagship event that seeks to promote insurance awareness among the public and ensure consumer protection has been launched. The five-day event will kick off on Monday March 6th to 10th, at Railways Grounds, Kampala under the theme “Be Insured; We will Bear Your Risk”.… Continue reading 2023 Annual Insurance Week launched, to kick off next week
THE ANNUAL INSURANCE WEEK IS BACK!
This week is dedicated to sensitizing and educating you on matters of insurance. The week brings together all licensed insurance players to physically interact with you so as to understand your insurance needs and serve you better. This week will start on Monday 6th to Thursday 9th March 2023 at Railway Grounds in Kampala, and… Continue reading THE ANNUAL INSURANCE WEEK IS BACK!
134 INSURANCE PLAYERS AUTHORDISED TO TRANSACT IN 2023
134 INSURANCE PLAYERS AUTHORDISED TO TRANSACT IN 2023 The Insurance Regulatory Authority of Uganda (IRA) has authorised a total of 134 industry players to conduct insurance business in 2023. The authorised insurance players include two (2) reinsurers, 20 non-life insurers, eight (8) life insurers, two (2) micro insures, two (2) Health Membership Organisations (HMOs), three… Continue reading 134 INSURANCE PLAYERS AUTHORDISED TO TRANSACT IN 2023
IRA LAUNCHES THIRD INSURANCE INDUSTRY INNOVATION AWARDS
The Insurance Regulatory Authority of Uganda (IRA) has launched the 2022 insurance Industry Innovation Awards. This is the third edition of the awards and it comes on the heels of the earlier two that were successfully held in 2020 and 2021, respectively. The awards will among others identify and reward innovations that are ensuring that… Continue reading IRA LAUNCHES THIRD INSURANCE INDUSTRY INNOVATION AWARDS
INSURANCE INDUSTRY GROWS FASTER IN THIRD QUARTER
Uganda’s insurance industry grew faster in the third quarter of 2022 than had been earlier projected. Figures released by the Insurance Regulatory Authority of Uganda (IRA) at a media briefing held at the Insurance Tower on November 21, indicate that the industry grew by 18.57% as at the end of September, surpassing the 15% growth… Continue reading INSURANCE INDUSTRY GROWS FASTER IN THIRD QUARTER
TIRA BENCHMARKS IRA ON OIL AND GAS CONSORTIUM
The Insurance Regulatory Authority of Uganda (IRA) hosted a two-man delegation from the Tanzania Insurance Regulatory Authority (TIRA) that was in the country on a scheduled benchmarking visit. The delegation comprised of Mr. Abubakar Ndwata, the Director Supervision and Ms. Gladness Lema, the Regional Manager. The July 22 visit sought to enable TIRA to understudy… Continue reading TIRA BENCHMARKS IRA ON OIL AND GAS CONSORTIUM
