A model regulator of a secure and developed insurance industry

STRONG GOVERNANCE PRACTICES FUNDAMENTAL IN BUILDING RESILIENT INSTITUTIONS

With companies navigating an unprecedented mix of challenges, Boards of Directors have been urged to ensure strong governance practices to build resilient institutions. The call was made by the Insurance Regulatory Authority of Uganda (IRA) Director Legal Services/ Secretary to the Authority, Mrs. Francesca N. Kakooza during the 2023 League of East African Directors (LEAD)… Continue reading STRONG GOVERNANCE PRACTICES FUNDAMENTAL IN BUILDING RESILIENT INSTITUTIONS

IMPROVE SERVICES QUALITY TO DEEPEN INSURANCE PENETRATION – PLAYERS TOLD

Insurance industry players have been urged to improve service quality, especially in areas of customer care, communication channels, claims payment and complaints management to increase insurance uptake. The appeal was made by the Insurance Regulatory Authority of Uganda Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega during the 57th CEOs breakfast meeting held at Kampala Serena… Continue reading IMPROVE SERVICES QUALITY TO DEEPEN INSURANCE PENETRATION – PLAYERS TOLD

INSURANCE INDUSTRY POSTS IMPRESSIVE Q2 PREMIUM GROWTH

Q1 Press briefing

The Insurance Regulatory Authority of Uganda (IRA) has reported strong second-quarter results, showcasing impressive growth in written premiums on the back of a resilient sector. The industry’s written premiums posted an upswing of 16.5% from UShs711.6 billion posted in Q2, 2022 to uShs828.9 billion as at the end of June 2023. The IRA Chief Executive… Continue reading INSURANCE INDUSTRY POSTS IMPRESSIVE Q2 PREMIUM GROWTH