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Uganda’s insurance market is set for a revolution following the announcement that Ugandans will soon be able to access Takaful insurance products for their risk management needs. According to the Director Supervision at the Insurance Regulatory Authority of Uganda, Mr. Benerd Obel, the Authority is in advance stages of licensing the first Takaful insurance service… Continue reading TAKAFUL SET TO REVOLUTIONALIZE UGANDA’S INSURANCE INDUSTRY

Uganda’s insurance industry posted healthy growth in gross written premiums (GWP) in 2024 according to statistics released by the Insurance Regulatory Authority of Uganda (IRA). The figures show that the GWP grew by 10% from Ugx.1.6 trillion posted in 2023 to Ugx. 1.76 trillion as at the end of December 2024. The IRA Chief Executive… Continue reading INSURANCE PREMIUMS GROW TO UGX.1.76 TRILLION IN 2024

By Mariam Nalunkuuma – Corporate Affairs The Insurance Regulatory Authority of Uganda (IRA) hosted a week-long East African Insurance Supervisors’ Association (EAISA) Exco meeting where several key policy directions that seek to address challenges impending sector growth across the East African Community markets were agreed upon. The meeting which took place from May 19, to… Continue reading IRA HOSTS 20TH EAISA MEETING, STRATEGIZE ON BOOSTING INSURANCE PENETRATION

The Insurance Regulatory Authority of Uganda (IRA) is mandated to regulate, supervise, monitor and control insurance business in Uganda.  To strengthen its regulatory mandate, the authority hereby invites suitable qualified, experienced and interested Ugandans who fully meet the required job specifications for these positions. Interested candidates who meet the job specifications and requirements should submit… Continue reading WE ARE HIRING

By. Kenneth Bukenya The Insurance Training College (ITC) has taken a major step in advancing insurance education in Uganda with the launch of three new training programs aimed at addressing market needs and promoting professional development. The courses – Insurance for Non-Insurance Professionals, Certificate in Insurance Broking, and the Certificate in Takaful Insurance, have been… Continue reading ITC LAUNCHES NEW INSURANCE COURSES TO RESPOND TO MARKET DEMANDS

In a move to strengthen the resilience of the agriculture sector and the entire population, Ugandans have been urged to embrace insurance to safeguard themselves, loved ones and their investments against unforeseen risks. The call was made by the Bushenyi Deputy District Resident Commissioner (RDC), Mr. William Kasigazi during a two-day sensitization workshop organised by… Continue reading EMBRACE INSURANCE; BUSHENYI DEPUTY RDC TELLS FARMERS, LEADERS

In a world increasingly defined by unpredictability, innovation and trust have become the new currency-and Uganda’s insurance sector is cashing in. From the vibrant pulse of the 2025 Insurance Week to the electrifying energy of the fifth Insurance Innovation Awards, one thing is clear: the industry isn’t just growing-it’s transforming. At the forefront of this… Continue reading THE IRA INSURANCE NEWS BUZZ – LATEST EDITION

Hundreds of Muslims from the Insurance industry on Wednesday, March 19, 2025, gathered at the Insurance Tower for the 10th Iftar dinner. The event which was organised by the Insurance Regulatory Authority of Uganda (IRA) in partnership with the Insurance Training College (ITC), was graced by the Permanent Secretary Ministry of Finance, Planning and Economic… Continue reading IRA, ITC HOST MUSLIM TO IFTAR DINNER

The Insurance Regulatory Authority of Uganda (IRA) awarded and celebrated the most innovative industry players in a colourful gala dinner held at Kampala Serena Hotel on March 14, 2025. The awards gala, graced by the Vice President, H.E Maj (Rtd) Jessica Alupo who was represented by the Minister of Trade and Cooperatives, Hon. Francis Mwebesa,… Continue reading INSURANCE GAME CHANGERS RECOGNIZED

The Insurance Regulatory Authority of Uganda (IRA), together with its partners this week are marking and celebrating the Annual Insurance Week, 2025 (AIW). Speaking during the official opening of the AIW at Millenium Park Lugogo, the IRA Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega urged industry players to institutionalize the initiative and extend the engagement… Continue reading ANNUAL INSURANCE WEEK: INSURANCE PARTNERS UNITE AND PUSH FOR CHANGE