Kampala, Uganda | THE INDEPENDENT | Families will contribute sh15,000 to the insurance pool for each member of their household should the cabinet approve the proposed National Health Insurance Scheme bill, the Health Minister, Dr.Ruth Aceng has revealed. There have been various failed attempts by the Health Ministry to establish the national health insurance …
Read More »Allianz, Sanlam merger to form powerful non-bank financial company
Johannesburg, South Africa | THE INDEPENDENT | Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the global insurance and financial services leaders have got approvals from regulators to merge their operations in 27 African countries including Uganda. The two have announced that they have received regulatory approvals …
Read More »GA insurance is open to organic growth
Kampala, Uganda | PATRICIA AKANKWATSA | Francis Kamau is the CEO of GA Insurance. He spoke to The Independent’s Patricia Akankwatsa in an interview about Uganda’s insurance growth prospects. GA Insurance entered the Ugandan market through the acquisition of Nova Insurance Company nearly four years ago. How has business been so …
Read More »Insurance Companies register sales as Life Camp closes in Elgon Region
Kampala, Uganda | THE INDEPENDENT | The Inaugural Uganda Insurers Association (UIA) Life Camp ended in Eastern Uganda after a week of activities where insurance companies exhibited different Life Insurance products. The camp took place at the UCU Mbale Grounds starting July 24th -28th. The week-long event saw 9 Life Insurance …
Read More »Absa partners with UAP Old Mutual to rollout medical insurance
Kampala, Uganda | THE INDEPENDENT | Absa Bank in partnership with UAP Old Mutual unveiled Absa Medical Insurance policy targeting self-employed and non-salaried individuals in the drive to increase access to health insurance. The policy that covers treatment for critical illness, inpatient, optical, dental, maternity, disability cover, funeral expenses, a wellness …
Read More »Letshego partners with Turaco Insurance Brokers
Kampala, Uganda | THE INDEPENDENT | Letshego Uganda has partnered with Africa’s insurtech Turaco Insurance Brokers Ltd to provide affordable health insurance coverage to Letshego customers. The partnership aims to help mitigate health-related financial risks in line with Letshego’s mission of empowering the underbanked and driving financial inclusion in …
Read More »dfcu’s new insurance campaign
Kampala, Uganda | THE INDEPENDENT | dfcu Bank has launched a new campaign targeting individuals in the insurance sector. Robert Muhiire who is dfcu Bank’s Principal Officer Bancassurance said the campaign is dubbed ‘Cover with Us’ and will provide a variety of insurance solutions to the Bank’s customers, which can be …
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 »Gov’t to retable National Health Insurance bill
Kampala, Uganda | THE INDEPENDENT | The Minister of Health has revealed that the National Health Insurance Scheme Bill will be re-tabled. The Bill was on 31st March 2021 passed by Parliament but President Yoweri Museveni declined to assent to it due to disagreements among some stakeholders. It was then reported …
Read More »Insurance puts COVID-19 effects behind it, booms 3rd straight year
Kampala, Uganda | THE INDEPENDENT | The insurance industry has declared the direct effects of the COVID-19 pandemic on the business behind them, following sustained growth in premiums raises and claims paid. According to the figures, the industry remained on a positive growth path in 2022, with Gross Written Premium …
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