Corporate Restructuring

Jubilee Holdings Limited has announced a major restructuring of its Ugandan operations following the approval of the Insurance Regulatory Authority of Uganda (IRA) to amalgamate its two subsidiaries—Jubilee Health Insurance Company of Uganda Limited (JHICU) and Jubilee Life Insurance Company of Uganda Limited (JLICU). Under the approved arrangement, the new business will operate under a single entity: Jubilee Life Insurance Company of Uganda Limited (JLICU). The decision, the company said, follows a comprehensive internal review of its Ugandan portfolio and is aimed at boosting efficiency, improving customer experience, and strengthening its market leadership position in one of East Africa’s fastest-evolving…