Goldstar Insurance Limited, a member company of the Ruparelia Group, recently released its 2022 results, reporting a 14.5% increase in gross written premiums, from UGX28.2 billion to UGX32.3 billion. The…
Uganda’s Insurance Regulatory Authority (IRA) has released the official 2022 report detailing the performance of the insurance industry, showing that the sector remained on a growth trajectory in the year…
The dispute stems from a 1st July 2016 to 30th June 2017 performance bond worth USD3,000,000 the three companies made to Rift Valley Railways (RVR), then a concessionaire of URC’s assets. The bond was co-insured between Old Mutual Insurance Uganda Ltd (40 per cent); Sanlam General Insurance Uganda Ltd (30 per cent) and Britam Insurance Uganda Ltd (30 per cent). …
Sanlam Life Insurance Uganda has dismissed as “malicious”, allegations, that its Chief Finance Officer, Anthony Gitonga Kirimi, fraudulently transferred money, amounting to UGX3.5 billion for his private benefit, as has…
When did PostBank Uganda launch Bancassurance on the product portfolio and how has it changed the bank’s fortunes? PostBank was licensed to transact Bancassurance as an agency for partner insurance…
Standard Chartered Bank launched Bancassurance two years ago; help us understand how you are going about offering Bancassurance to your clients. Since our launch of Bancassurance in 2019, the Bank…
Donato Laboke has been appointed the Sanlam Head Marketing and Channel Development East Africa effective 1st January 2021. He has held the position in an acting capacity since 1st May…
Prudential Assurance Uganda Limited, come May 08th 2021, will acquire all the medical insurance policies of International Air Ambulance (IAA). IAA Healthcare was previously the largest Health Membership Organization (HMO)…
This October, the Insurance Regulatory Authority (IRA) released its much-awaited 2019 Annual Performance Report for the insurance sector. The report, details the performance, of the country’s 21 non-life insurance companies;…
