Prudential to complete acquiring IAA Healthcare portfolio by May 08th 2021
Going by the 2019 performance, and if Prudential keeps most of IAA Healthcare’s book- the deal will give Prudential, access to IAA Healthcare’s premiums in the region of UGX30 billion. The combined business would be at an estimated UGX65 billion-plus, making Prudential the No.1 player in the life insurance space.
Prudential Assurance Uganda Limited, come May 08th 2021, will acquire all the medical insurance policies of International Air Ambulance (IAA).
IAA Healthcare was previously the largest Health Membership Organization (HMO) in Uganda with a portfolio of UGX31.7 billion at the end of 2020.
The deal, that is pending regulatory approval will see Prudential, which in 2020 jumped from the 6th to th
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