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The Insurance Regulatory Authority of Uganda (IRA) has cleared 144 industry players to conduct insurance business, effective January 2, 2026. The players include two (2) Reinsurance companies, nineteen (19) non-life insurance companies, nine (9) life insurance companies, three (3) micro insurance companies, one (1) Takaful insurance company, one (1) Health Membership Organisation (HMO), five (5)… Continue reading 144 PLAYERS SET TO DRIVE INSURANCE BUSINESS IN 2026

The Insurance Regulatory of Uganda (IRA) has released the long-awaited Takaful and Retakaful regulations, marking a significant milestone in the country’s efforts to broaden insurance access by offering an alternative to conventional insurance. During the official dissemination of the newly gazetted regulations, the IRA Chief Executive Officer, Alhaj Dr. Kaddunabbi Ibrahim Lubega, said the framework… Continue reading IRA UNVEILS TAKAFUL REGULATIONS, OPENING A NEW CHAPTER IN INCLUSIVE INSURANCE

The Insurance Regulatory Authority of Uganda (IRA) Chief Executive officer, Alhaj Dr. Kaddunabbi Ibrahim Lubega, has underscored the central role of insurance in securing Uganda’s drive toward a fully monetized economy, urging local leaders to integrate risk management into all development plans. While speaking to Butambala district leaders who had gathered at Gombe Senior Secondary… Continue reading IRA CEO RALLIES LOCAL LEADERS TO EMBRACE INSURANCE.

Insurance industry players must focus on transparency, clear communication, and fair and faster claim handling to improve customer experience and boost public trust. The appeal was made by the Insurance Appeals Tribunal (IAT) Chairperson, Ms. Rita Namakiika Nangono at the 65th CEO’s Breakfast meeting at Serena Kampala Hotel on September 11, 2025. According to Ms.… Continue reading INSURERS URGED TO SIMPLIFY POLICIES, IMPROVE CLAIMS PROCESS TO ENHANCE PUBLIC TRUST.

By Faridah Kulabako Increased market activity, coupled with an expansion in coverage soared the insurance industry’s 2025 half year performance, according to the latest figures released by the Insurance Regulatory Authority of Uganda (IRA). The figures show that the industry’s Gross Written Premium (money collected), grew by 8.78% in the first six months ending June… Continue reading INCREASED COVERAGE, MARKET ACTIVITY LIFT UGANDA’S INSURANCE INDUSTRY’S HALF YEAR PREMIUMS

By Sampaul Nakhaima The State Minister of Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi, has challenged members of the Organisation of Eastern and Southern Africa Insurers (OESAI) to move beyond diagnosing risks and focus on delivering practical solutions that meet the evolving client needs. Speaking at the official opening of the 47th… Continue reading REGIONAL INSURERS URGED TO DELIVER PRACTICAL SOLUTIONS AS 47TH OESAI CONFERENCE KICKS OFF IN UGANDA

By Sampaul Nakhaima The Insurance Regulatory Authority of Uganda (IRA) on Wednesday August 20, 2025 held a consultative meeting with the medical service providers to deliberate on how to ensure that Ugandans have access to reliable, safe, and quality health services under health insurance arrangement. The meeting was attended by private medical service providers from… Continue reading IRA, MEDICAL SERVICE PROVIDERS MEET TO ALIGN PREQUALIFICATION REQUIREMENTS

“While accuracy is essential, insurers should strive to explain key details in plain language that the average person can understand. Simple and clear messaging is a foundation on which trust is built, relationships are nurtured, and perceptions are changed. That was the key message at the Uganda Insurers Association (UIA) organised Insurance Media Workshop held… Continue reading DEMYSTIFY JARGONS, WE GIVE YOU BETTER COVERAGE – JOURNALISTS TELL INSURERS.

By Kenneth Bukenya The East African Community (EAC) has launched the pilot phase of a single customs bond, a regional customs guarantee instrument designed to streamline cargo movement across borders of member states. Launched at the Sheraton Hotel, Kampala on August 4, 2025, the customs bond replaces multiple national customs bonds with one unified system… Continue reading EAC LAUNCHES SINGLE CUSTOMS BOND TO ENHANCE TRADE EFFICIENCY, LOWER COSTS

Taxi drivers have been urged to embrace insurance to safeguard themselves and their loved ones against unforeseen risks. The call was made by the Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega during a half-day Uganda Taxi Operators Federation (UTOF) sensitization engagement at the Insurance Tower on July 16, 2025.… Continue reading IRA TO TAXI OPERATORS: EMBRACE MOTOR THIRD-PARTY AND OTHER INSURANCE PRODUCTS