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EMBRACE INSURANCE – KADDUNABBI TELLS JUDGES

The Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega has urged the judiciary to embrace insurance to enhance institutional efficiency and resilience. Speaking at the 26th Annual Judges Conference at Mestil Hotel, in Kampala on February 6, 2025, Alhaj Kaddunabbi shared insights into Uganda’s insurance industry, its operations and performance,… Continue reading EMBRACE INSURANCE – KADDUNABBI TELLS JUDGES

WHO HAS NEVER WORRIED ABOUT TUITION FEES? INSURANCE IS THE ANSWER

Mariam Nalunkuuma Manager Corporate Affairs Insurance Regulatory Authority of Uganda While education is often viewed as the pathway to a better future, the harsh reality for many parents is that the cost of schooling is becoming increasingly difficult to manage. This financial strain is forcing many children to leave school prematurely, cutting short their educational… Continue reading WHO HAS NEVER WORRIED ABOUT TUITION FEES? INSURANCE IS THE ANSWER

IRA, PARTNERS LAUNCH THE 2025 ANNUAL INSURANCE WEEK

Annual Insurance Week Launch

The Insurance Regulatory Authority of Uganda (IRA), together has launched the 2025 Annual Insurance Week (AIW), with a call for building public confidence, as it intensifies its insurance awareness efforts. Speaking at the launch at the Insurance Tower on February 6, 2025, the IRA Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega said the annual event… Continue reading IRA, PARTNERS LAUNCH THE 2025 ANNUAL INSURANCE WEEK

THE INSURANCE INDUSTRY: INSIGHTS FROM 2024 AND THE PATH FORWARD INTO 2025.

The insurance industry has continued to register robust growth rates in the first three quarters of 2024, with the total gross written premium growing to Ugx.1.39 trillion in the third quarter of 2024 compared to Ugx.1.23 trillion recorded over the same period in 2023, registering a 13.51 percent growth. We expect that after analyzing the… Continue reading THE INSURANCE INDUSTRY: INSIGHTS FROM 2024 AND THE PATH FORWARD INTO 2025.

GIVE YOUR FINANCES A QUICK HEALTH SCAN: APPLY THE 50/30/20 RULE!

Financial sector players in the insurance, banking, retirement and securities space joined the world in commemorating the world savings day under the theme, “sustainability and personal finance – living the commitment”. In living the commitment, the players’ message emphasized the importance of saving, protecting, and growing/investing the modest amounts we earn. The players shared a… Continue reading GIVE YOUR FINANCES A QUICK HEALTH SCAN: APPLY THE 50/30/20 RULE!

IRA CEO PAYS A COURTESY VISIT TO NAICOM COMMISSIONER

The Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega paid a courtesy visit to the National Insurance Commission (NAICOM) Commissioner, Mr. Olusegun Ayo Omosehin at the NAICOM headquarters in Abuja, Nigeria on December 11, 2024. The duo deliberated on pertinent issues in the industry including NAICOM’s Regulatory Software used for… Continue reading IRA CEO PAYS A COURTESY VISIT TO NAICOM COMMISSIONER

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LOCAL MARINE INSURANCE PLATFORM LAUNCHED

LOCAL MARINE INSURANCE PLATFORM LAUNCHED

Traders are set to enjoy easy and convenient access to insurance for their goods following the launch of the local marine insurance platform. Dubbed the Insurance Regulatory Authority (IRA)-Uganda Revenue Authority (URA) Integrated Local Marine Insurance Platform, the online-based system allows traders to buy insurance for imports and exports from insurance companies licensed to operate… Continue reading LOCAL MARINE INSURANCE PLATFORM LAUNCHED

IRA CEO CALLS FOR TAILORED HEALTH INSURANCE POLICIES

AAR Health Services’ 40th anniversary celebration at Mestil Hotel, Kampala

The Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega, has urged health insurance providers to maximize technology to innovate customer-tailored services. Given the evolving customer needs, Alhaj Kaddunabbi who was speaking at AAR Health Services’ 40th anniversary celebration at Mestil Hotel, Kampala on October 31, 2024, said insurance solutions should… Continue reading IRA CEO CALLS FOR TAILORED HEALTH INSURANCE POLICIES

AGRICULTURE INSURANCE; A KEY TOOL FOR SUSTAINABLE FARMING, FOOD SECURITY

Despite being the backbone of Uganda, providing employment and livelihoods for a significant portion of the population, agriculture remains a risky venture. Most farmers encounter considerable challenges, including climatic risks and diseases, among others. Farmers have watched helplessly as their investments – cash, energy, and time, go to waste due to natural calamities such as… Continue reading AGRICULTURE INSURANCE; A KEY TOOL FOR SUSTAINABLE FARMING, FOOD SECURITY