ICEA LION say commited to client satisfaction despite recent concerns Kampala, Uganda | THE INDEPENDENT | Leading insurance company ICEA LION have reassured clients that their policies are consistent, and they are dedicated to ensuring a smooth and satisfactory resolution of all claims filed. ICEA LION released a statement January …
Read More »ICEA General Insurance crowned winners of 2023 Insurance Gala
Kampala, Uganda | THE INDEPENDENT | ICEA General Insurance has once again been crowned overall winners of the Insurance Gala 2023 edition held at KISU play grounds. ICEA who were also winners of last year’s edition beat over 40 other participants to the top prize. UAP Old Mutual Insurance emerged the …
Read More »ICEA LION gives sh30million boost to 2022 Kinyara Golf Open
Kampala, Uganda | THE INDEPENDENT | ICEA LION Group Uganda has officially announced a sponsorship package worth sh30million towards the 24th edition of the Kinyara Open Golf Tournament . Speaking at a press conference at the Uganda Golf Club Tuesday, Gabriel Kuria, ICEA LION General’s Chief Executive Officer said, ICEA …
Read More »ICEA LION Uganda unveils annuity plan to ease retirement planning
Kampala, Uganda | THE INDEPENDENT | ICEA LION Life Assurance Company (U) Ltd has announced the introduction of the ICEA Annuity Plan for retirees and those nearing retirement. The ICEA Annuity plan guarantees the holder a regular stream of income for life after retirement. The ICEA Annuity plan allows the holder …
Read More »Sanlam unveils Income Fund
The product could be a solution for pension funds seeking to diversify their holdings Kampala, Uganda | ISAAC KHISA | Sanlam Investment East Africa has unveiled Sanlam Income Fund in a bid to raise more capital for various investments but also provide favourable returns to investors. This new product places …
Read More »Collective Investment Scheme assets more than double to Shs 388.5bn
Investors likely to preserve their savings and capital with CIS and fixed income instruments due to the current coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s Collective Investment Schemes (CIS) have recorded more than double their assets under management (AUM) to Shs 388.5bn for the FY2019/20 as a …
Read More »Jubilee insurance sells majority stake to Germany’s Allianz Group
Currently, the regional insurers commands the largest market share in Uganda’s general insurance business Kampala, Uganda | ISAAC KHISA | Regional insurer, Jubilee Holdings Ltd, is selling between 51% and 66% stake of its operating subsidiaries engaged in short term general insurance business across the region to the Munich-based Allianz …
Read More »ICEA Uganda marks 20 years
Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority CEO Ibrahim Lubega Kaddunabbi has said the industry is ripe for disruption as advances are made in the digital space especially in the insur-techs. He warned that insurance players should therefore ensure that there are constantly evolving their methods to …
Read More »Need some insurance? No thanks
Last month, Benon Oluka, a journalist with The Observer newspaper, penned an article to narrate his experience with Insurance Company of East Africa (ICEA), an insurance company, which had refused to compensate him as a third party after he was injured in a nasty accident in Kibaale District last year. …
Read More »