15 Jun 2021

THE 2020 INSURANCE INDUSTRY PERFOMANCE

For the year 2020, the insurance industry remained on a positive growth trajectory growing from UGX 974.417bn in 2019 to UGX 1,065bn in 2020 and posting a 9.34percent growth over the reporting year (13.22percent in 2019). The reduction in growth is a result of slowed business activity with the outbreak of the Covid -19 pandemic. #DrivingInsurancegrowth #Insurance #BeInsured