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Uganda’s brokerage sector for both insurance and reinsurance recorded another quarter of steady growth in Q2 2025, with leading firms increasing commissions and maintaining — in some cases, expanding —…
Corporate reputation is an aggregate of public perceptions about an organisation’s social, political, ethical and business behaviour and how people engage with that organisation based on these perceptions. Ultimately, this…
The Insurance Regulatory Authority (IRA) has just released its Q3 2023 performance report for among others, insurance brokers, showing that Clarkson Insurance Brokers (U) Ltd is yet again ahead of traditional rivals. Clarkson remained a leader, both in premiums collected as well as commissions earned in the 51-company brokerage industry. Q3 2023 figures are a cumulative total of the business placed in the first 9 months of 2023. According to the results, Clarkson, placed UGX83.3 billion, out of which UGX73.1 billion was realised, earning a cumulative total commission of UGX 11.3 billion, translating into 21.12% market share. The Insurance…
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This October, the Insurance Regulatory Authority (IRA) released its much-awaited 2019 Annual Performance Report for the insurance sector. The report, details the performance, of the country’s 21 non-life insurance companies; 9 life insurance companies; 1 micro-insurance company and 5 Health Membership Organisations (HMOs). In the year 2019, Gross Written Premiums (GWP) for the industry increased from UGX859.9 bn in 2018 to UGX974.42bn- a 13.32 percent growth. Non-life business generated UGX621.69bn in GWP (up from UGX 572.79bn in 2018) representing an 8.54 per cent growth while life insurance business generated UGX276.32bn in GWP (up from UGX 217.97bn in 2018) representing a…
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