The regulator’s focus is on expanding its customer base and increasing average spending in the insurance sector Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance sector has shown steady growth, with underwritten premiums increasing from Shs 711.6 billion in the second quarter of 2022 to Shs 828.9 billion in the second …
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Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …
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Takaful is a co-operative system of reimbursement in case of loss, organized as an Islamic or sharia compliant alternative to conventional insurance Kampala, Uganda | THE INDEPENDENT | The regulations that will guide the establishment of Takaful, the kind of insurance that employs Islamic principles for members to contribute money into …
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