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Goldstar Insurance registers 18% premium growth

by Muhereza Kyamutetera 0
Goldstar Managing Director and Chairman of the Insurance Consortium for Oil and Gas (ICOG) addresses the press recently. Goldstar is a member of ICOG- a co-insurance group currently made up of 14 locally licensed insurance companies that have raised over $200m (sh745b) aggregated insurance capacity in readiness for Uganda’s oil and gas industry.
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Goldstar Insurance Ltd underwrote UGX3.7 billion more premiums in 2018, than it did in 2017, according to preliminary reports from the Insurance Regulatory Authority (IRA), the industry regulator. The firm, part of the Ruparelia Group grew underwritten premiums from UGX20.8 billion in 2017 to UGX24.5 billion in 2018, a growth of 18%. At a growth rate of 18%, the company grew faster than the ind

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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