Ibrahim Kaddunabbi and Allan Mafabi IRA boss tips sector executives on managing scams that could haunt performance Kampala, Uganda | JULIUS BUSINGE | Insurance companies must put in place feasible policies to manage fraud that could easily jeopardize their good performance. This is the summary of what Ibrahim Kaddunabbi …
Read More »Medical, agric boost insurance premiums
Insurers record a 17.5% growth in gross underwritten premiums to Shs856bn in 2018 Kampala, Uganda | ISAAC KHISA | A surge in uptake of medical and agriculture insurance services coupled with increased distribution network helped Uganda’s insurance industry to record a 17.5% growth in gross underwritten premiums to Shs856bn in …
Read More »Slow insurance growth in Uganda
Slow insurance growth, but Industry executives expect business to pick up Kampala, Uganda| Isaac Khisa| Uganda insurers recorded a 3.6% growth in premiums in 2016, their slowest growth rate in five years, citing harsh economic environment, slow implementation of infrastructural projects and reduced private sector credit. Full year industry performance …
Read More »BUSINESS: Africa’s insurance industry faces new challenges
African insurance regulators, CEOs and experts share views at high profile meeting in Dakar, Senegal For years now, digital advances have been transforming a range of industries. The insurance industry especially in Africa has generally been slow to adopt new digital approaches, but times are now changing. This shift is …
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