Life insurance product buyers are set to enjoy more accurate pricing for life insurance products following the launch of the Assured Lives Mortality Tables by the Insurance Regulatory Authority of Uganda (IRA). The 2015-19 tables will offer up-to-date reflective statistics that will be used by Life Insurance companies currently operating in the market, as a… Continue reading PRICING FOR LIFE INSURANCE PRODUCTS SIMPLIFIED
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Tag: Insurance in Uganda
THE IRA NEWSLETTER (7TH EDITION)
In this 7th edition of the IRA Newsletter, you will find out how the Inaugural Insurance Week went down ending with the 2nd edition of the Annual Insurance Innovation Awards. You also get to learn of IRA’s new and permanent home, which has now been occupied. Your feedback on this newsletter by way of comments… Continue reading THE IRA NEWSLETTER (7TH EDITION)
2021 INSURANCE INDUSTRY INNOVATORS AWARDED
At least six firms in the insurance industry have been awarded for their innovativeness in the just concluded second edition of the Insurance Product Innovation awards. The 2021 Insurance Product Innovation awards were organsied under the theme; “Innovation amidst turbulence”. The firms were awarded in six categories including the most Innovative Insurance Product (Life), most… Continue reading 2021 INSURANCE INDUSTRY INNOVATORS AWARDED
IRA, PARTNERS SUCCESSFULLY HOLD INAUGURAL INSURANCE
The Insurance Regulatory Authority of Uganda (IRA), successfully held the inaugural Insurance Week from March 7 – 11, at the Railways Grounds in Kampala. The event sought to take insurance information closer to the people so as to enable them make informed buying decisions and increase the uptake of insurance services. The week-long event was… Continue reading IRA, PARTNERS SUCCESSFULLY HOLD INAUGURAL INSURANCE
IRA LAUNCHES INAUGURAL INSURANCE WEEK
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
2021 INSURANCE PRODUCT INNOVATION AWARDS SLATED FOR MARCH 11
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
DIGITAL ADOPTION; THE VIABLE GROWTH LEVER FOR BUSINESSES, ECONOMY
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
INSURANCE INDUSTRY POSTS GROWTH, COMPANIES TO GET MORE RESILIENT
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 READY TO TAP INTO AFCFTA CREATED OPPORTUNITIES
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.
WHEN TO PLACE A CLAIM ON THAT ENDOWMENT INSURANCE POLICY
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.