UAP Old Mutual Insurance Uganda Limited is currently working closely and cooperating with The Insurance Regulatory Authority of Uganda (IRA) to resolve its licence status to underwrite performance bonds, the company has said. According to a statement released by the company’s Managing Director, Stephen Chikovore, UAP has been licenced under the relevant insurance laws to underwrite performance bonds amongst other insurance lines of business since 1971 and has adhered to all local laws and regulations governing the insurance industry as stipulated by the government and IRA and will continue to do so. This came after the Insurance Authority issued a…
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