Stanbic dominates as bancassurance sees 54% growth in Q2
Singh Dogo, Stanbic Bank Uganda’s Head of Bancassurance said moving forward, focus will be on gaining market leadership for the Life insurance business
The Insurance Regulatory Authority of Uganda (IRA) has published industry performance for the period April-June 2021 (Q2) with Bancassurance recording a 54% growth dominated by Stanbic Bank Uganda which consolidated its market-share to 21.2% from 19.1 between January and March.
According to IRA, the insurance industry registered impressive growth in the first six months of 2021 on account of im
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