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.
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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.
131 INSURANCE PLAYERS AUTHORISED TO CONDUCT INSURANCE BUSINESS IN 2022
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