A model regulator of a secure and developed insurance industry

IRA LAUNCHES FOURTH INSURANCE INNOVATION AWARDS

The Insurance Regulatory Authority of Uganda (IRA), in partnership with the industry umbrella bodies, has launched the fourth round of the Innovation awards. Speaking at the launch ceremony at the Insurance Tower in Kampala on November 23, the IRA Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega said the innovation awards have become change agents by… Continue reading IRA LAUNCHES FOURTH INSURANCE INNOVATION AWARDS

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

EQUITY BANK UGANDA GIVEN GREEN LIGHT TO OFFER BANCASSURANCE SERVICES

Equity Bank Uganda has joined the list of banks offering bancassurance services in the country. The bank with a network of about 50 branches across the country, officially received clearance from the Insurance Regulatory Authority of Uganda (IRA) on Monday at the Insurance Tower, in Kampala. Its entrance in this space brings the number of… Continue reading EQUITY BANK UGANDA GIVEN GREEN LIGHT TO OFFER BANCASSURANCE SERVICES

THE IRA NEWSLETTER (7TH EDITION)

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 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