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Tag Archives: Kaddunabbi

Innovation to boost insurance penetration

Kampala, Uganda | THE INDEPENDENT | The insurance industry has attributed the recent high growth rates in business to the innovation trends, that have seen delivery of services to the public become easier. The business value, measured by the value of the Gross Underwritten Premiums (the money that the public gives …

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Report shows Ugandan insurers not doing enough to satisfy customers

Kampala, Uganda | THE INDEPENDENT |  A new study of the insurance industry in Uganda has revealed persistent continued dishonesty as well as withholding vital information by practitioners, a major source of public mistrust. The Policyholder Satisfaction Survey that was conducted this year courtesy of the Insurance Regulatory Authority (IRA) …

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Uganda unveils mortality table for life insurers

Kampala, Uganda | ISAAC KHISA | Insurance Regulatory Authority of Uganda has unveiled the first ever mortality table for life insurance companies in the country to help determine pricing, which may decrease or increase payments popularly known as premiums for new life insurance products and annuities. The table dubbed Uganda …

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Insurance sector boost

Players are changing tactics to deal with the sector’s penetration headache | THE INDEPENDENT | Why has Uganda’s insurance penetration remained below 1% for many years? This is the question that has been asked several times and players continue to scratch their head to answer it. The public will be waiting …

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Insurances industry sees positive growth amidst COVID-19

Failure to operationalise the National Health Insurance Scheme and resurgence of COVID-19 may constrain demand for insurance Kampala, Uganda | ISAAC KHISA | Uganda’s insurance industry is projected to register consistent growth in 2022 riding on technology innovations, government’s investment in infrastructure and increased economic activities as economy opens up. …

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