March 3, 2022. The Insurance Regulatory Authority of Uganda (IRA) has launched the inaugural Insurance Week, an event that seeks to take insurance information closer to the people so as to enable people make informed buying decisions and increase the uptake of insurance services. Speaking at a media briefing at Golf Course Hotel on Thursday,… Continue reading IRA LAUNCHES INAUGURAL INSURANCE WEEK
The Insurance Regulatory Authority of Uganda (IRA) will on March 11, award the most innovative industry players. This follows the launch of the second Insurance Product Innovation Awards at the Authority’ office at Kyadondo Road, Kampala. Speaking at the launch ceremony, the IRA Chief Executive Officer Alhaj Kaddunabbi Ibrahim Lubega, said the awards seek to… Continue reading 2021 INSURANCE PRODUCT INNOVATION AWARDS SLATED FOR MARCH 11
With its ability to expedite numerous processes to increase efficiency, technology has positioned itself as a key enabler of survival and growth of businesses, irrespective of size
The Insurance Regulatory Authority Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega said enforcing the new CAR will ensure that the insured enjoy better and faster service provision.
Uganda’s insurance industry, is well positioned and adequately capitalised to support the successful implementation of AfCFTA through provision of high-quality insurance services to businesses and persons exploiting the opportunities created by this wider market of 1.3 billion people, with a combined gross domestic product (GDP) of $3.4 trillion.
As a policy holder, it is important to inform your declared next of kin about your policy such that in the event of sudden death, your beneficiaries have a starting point. Similarly, you need to keep track of the status of your policy and also ensure that your premiums are paid on time.
The Insurance Regulatory Authority of Uganda (IRA) has authorised a total of 131 industry players to conduct insurance business in 2022, effective January 1. These include two (2) Reinsurance companies, twenty-one (21) non-life companies, eight (8) life companies, two (2) Micro Insurance Companies, three (3) Health Membership Organisations (HMOs), three (3) Reinsurance Brokers and forty-seven… Continue reading 131 INSURANCE PLAYERS AUTHORISED TO CONDUCT INSURANCE BUSINESS IN 2022
