A model regulator of a secure and developed insurance industry

DR. SANDE NAMED ACTING IRA CHIEF EXECUTIVE OFFICER

Dr. Sande speaking to staff

Dr. Protazio Sande has been named the Ag. Chief Executive Officer, Insurance Regulatory Authority of Uganda (IRA), taking over from Alhaj Dr. Kaddunabbi Ibrahim Lubega. The appointment of Dr. Sande, who is substantively the Director Strategy and Market Development, was announced by the IRA Board Chairperson, CPA FCCA Keto Nyapendi Kayemba on June 2, 2026,… Continue reading DR. SANDE NAMED ACTING IRA CHIEF EXECUTIVE OFFICER

WILLINGNESS TO CONFRONT THE FUTURE KEY TO SUSTAINABLE PROFITABILITY – INSURERS TOLD

Faridah Kulabako: Insurance industry captains must prioritize curiosity and open-mindedness to navigate today’s complex business landscape characterized with uncertainty, disruption, and rapid technological advancements if they are to drive sustainable growth. The call was made by Dr. Peter Kimbowa, the Team leader at CEO Summit during the 68th CEO’s Breakfast Meeting organised by the Insurance… Continue reading WILLINGNESS TO CONFRONT THE FUTURE KEY TO SUSTAINABLE PROFITABILITY – INSURERS TOLD

THOUSANDS RACE TO RAISE AWARENESS ABOUT HIV/AIDS

In an array display of love, thousands of individuals and corporate entities, including the Insurance Regulatory Authority of Uganda (IRA) painted Lubiri and the surrounding areas red (race kits colour) as they took part in the Kabaka birthday run in celebration of Kabaka Ronald Muwenda Mutebi II’s 71st birthday. The chilly morning provided a cool… Continue reading THOUSANDS RACE TO RAISE AWARENESS ABOUT HIV/AIDS

WHY NHIS SHOULD BE MANDATORY FOR ALL

By Alhaj Kaddunabbi Ibrahim Lubega – IRA CEO Reference is made to an article titled “Exclude the poor from health insurance contributions – experts” that was published in the media on August 15, 2023. In the article, the writer quotes Dr Githinji Gitahi, the Chief Executive Officer of Amref Health Africa, saying that government should… Continue reading WHY NHIS SHOULD BE MANDATORY FOR ALL

INSURANCE SECTOR POSTS STRONG GROWTH IN 2022

INSURANCE SECTOR POSTS STRONG GROWTH IN 2022

Uganda’s insurance sector recorded a year of strong growth of 20.4% in 2022 compared to 10.61% in 2021. Statistics released by the Insurance Regulatory Authority of Uganda (IRA) show that the sector’s Gross Written Premium (GWP) grew from UShs1.183 trillion in 2021 to UShs1.425 trillion in 2022. The IRA Chief Executive Officer Alhaj Kaddunabbi Ibrahim… Continue reading INSURANCE SECTOR POSTS STRONG GROWTH IN 2022

INSURANCE CAN HELP IMPROVE ROAD SAFETY IN UGANDA

By Alhaj Kaddunabbi Ibrahim Lubega Nothing made headlines consistently last year like road crashes that claimed thousands of lives with hundreds surviving with injuries. According to the Traffic Police statistics, 1,021 boda boda riders and 401 passengers lost their lives between January and September 2022 across the country due to road crashes. In April 2022… Continue reading INSURANCE CAN HELP IMPROVE ROAD SAFETY IN UGANDA

BUILD AFFORDABLE FINANCIAL SOLUTIONS TO BOOST SAVINGS – BOU

Financial services providers have been urged to build and extend affordable and user friendly green financial solutions to underserved and low-income Ugandans to encourage them to save with formal financial institutions to grow savings in the country. The appeal was made by the Bank of Uganda Deputy Governor Mr. Michael Atingi-Ego at a media briefing… Continue reading BUILD AFFORDABLE FINANCIAL SOLUTIONS TO BOOST SAVINGS – BOU

IRA PARTNERS WITH UBTS IN BLOOD DONATION DRIVE

Blood Donation

The Insurance Regulatory Authority of Uganda (IRA) recently teamed up with the Uganda Blood Transfusion Services (UBTS) to mobilize blood amid its growing demand in hospitals across the country. Uganda Blood Transfusion Services (UBTS), is the body mandated to conduct blood donor recruitment and mobilization countrywide while IRA is the regulatory body for the insurance… Continue reading IRA PARTNERS WITH UBTS IN BLOOD DONATION DRIVE