Bancassurance

IRA approves AAR General Insurance to join Uganda’s competitive non-life market

Paul MurungiBanking & InsuranceThe Big StoryNovember 27, 2025November 27, 2025

The Insurance Regulatory Authority of Uganda has given the green light for AAR General Insurance Uganda Limited to write non-life business in the country, formalising a move the AAR Group…

Meet the Big Bankers Bossing the Bancassurance Sector

Paul MurungiBanking & InsuranceNews & AnalysisThe Big StoryMarch 4, 2025March 4, 2025

Beyond the conventional channels of writing insurance premiums, insurers have also built a new revenue stream of bancassurance through which they partner with banks to recruit new policyholders.  During the…

Policy covers generating the most income for insurance companies 

Paul MurungiThe Big StoryMarch 3, 2025March 3, 2025

Insurance gross written premiums grew by 12.04%, increasing by at least UGX 192.4 billion in the three months to December 2024.   Details contained in the Insurance Regulatory Authority (IRA) Market…

Prudential Uganda and Standard Chartered Bank Partner to provide bancassurance solutions in Uganda

Brian EmorutCompany NewsNews & AnalysisThe Big StoryOctober 8, 2024October 8, 2024

Prudential Uganda and Standard Chartered Bank Uganda have announced a transformative partnership aimed at expanding financial inclusion and enhancing access to financial protection solutions in Uganda. This collaboration marks a…

INTERVIEW: PostBank is ready to support farmers and agri-businesses through the second farming season- Julius Akais

Paul MurungiIndustry & AnalysisProfilesThe Big StoryJuly 27, 2024July 27, 2024

Julius AKais, PostBank’s Supervisor Agriculture and Partnerships speaks to CEO Magazine on how the bank through its credit channels is set to support farmers and agricultural businesse, as the bank…

The State of Uganda’s UGX1.425 Trillion Insurance Industry

Muhereza KyamuteteraIndustry & AnalysisThe Big StoryJune 16, 2023June 16, 2023

Uganda’s Insurance Regulatory Authority (IRA) has released the official 2022 report detailing the performance of the insurance industry, showing that the sector remained on a growth trajectory in the year…

Stanbic Bank and Prudential Uganda to launch Health Insurance Product for Stanbic Bank Clients

Muhereza KyamuteteraCompany NewsFinanceNews & AnalysisThe Big StoryDecember 9, 2021December 9, 2021

Stanbic Bank and Prudential Uganda are set to launch a health insurance product for Stanbic Bank clients, to protect their savings so that in the event of an illness or…

Q&A: Everything you need to know about buying insurance from PostBank Uganda

CEO ReporterCompany NewsFinanceThe Big StoryThought LeadershipAugust 10, 2021August 10, 2021

When did PostBank Uganda launch Bancassurance on the product portfolio and how has it changed the bank’s fortunes? PostBank was licensed to transact Bancassurance as an agency for partner insurance…

Q&A: Martha Aheebwa, the Standard Chartered Bank Uganda, Head Bancassurance talks about the Bank’s newly launched customized Bancassurance products

Muhereza KyamuteteraIndustry & AnalysisThe Big StoryJuly 28, 2021August 3, 2021

Standard Chartered Bank launched Bancassurance two years ago; help us understand how you are going about offering Bancassurance to your clients. Since our launch of Bancassurance in 2019, the Bank…

AIG taps on Lydia Kayonde to lead their return to Ugandan market

Muhereza KyamuteteraCEOsCompany NewsFinanceThe Big StoryWomen in BusinessWomen In LeadershipJune 2, 2019June 2, 2019

American International Group (AIG) has tapped on seasoned insurance executive, Lydia Kayonde to lead their re-entry into the Ugandan market, CEO East Africa Magazine has learnt. The Insurance Regulatory Authority’s…