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December 13, 2025
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    Insurance Regulatory Authority

    A photo collage of Old Mutual managing director Stephen Chikovore and SanlamAllianz General Insurance chief executive officer Ruth Namuli. SanlamAllianz’s licensed merger has propelled it to Uganda’s second-largest general insurer, capturing 19.8% market share and closing within 1.4 points of Old Mutual in Q3 2025 after years of dominance.

    SanlamAllianz Officially Becomes Uganda’s Second-Largest General Insurer as Market Gap with Old Mutual Narrows Sharply

    Muhereza KyamuteteraThe Big StoryDecember 3, 2025December 3, 2025

    The newly merged SanlamAllianz Uganda has officially become the country’s second-largest general insurer. Market performance report for the 2025 third quarter by Insurance Regulatory Authority (IRA) shows that the merged…

    Jubilee Holdings Restructures Uganda Operations After IRA Approves Amalgamation of Health and Life Insurance Units

    Paul MurungiInsuranceThe Big StoryNovember 28, 2025November 28, 2025

    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…

    Ambrose Kibuuka, CEO of ICEA Lion General, says Uganda’s insurance growth will come from disciplined underwriting, tech-driven innovation, and winning trust by bringing the uninsured majority, especially the informal sector, into coverage.

    ICEA’s Ambrose Kibuuka on insurance mergers, e-mobility risks, tech-driven innovations – dominance of general insurance and dealing with low uptake

    CEO East Africa MagazineThe Big StoryNovember 27, 2025November 27, 2025

    In Uganda’s fast-evolving insurance market, questions of trust, innovation, and growth remain central. The insurance industry has been expanding, attracting bigger regional players and new products, but challenges of low…

    Excel Insurance, Service Cops Launch WhatsApp-Based Digital Insurance Platform in Uganda

    Kisakye ImaniInsuranceNovember 14, 2025November 17, 2025

    Ugandans can now buy motor third-party insurance from the comfort of their homes, thanks to a new WhatsApp-based digital platform launched by Excel Insurance Company in partnership with Service Cops….

    IRA CEO Ibrahim Kaddunabbi Lubega says the rise in complaints tells a new story, not of failure, but of trust restored, voices amplified, and an industry finally listening.

    Trust is the Currency of Insurance: IRA CEO Ibrahim Kaddunabbi on Rising Complaints, Digital Transformation, and Consumer Empowerment

    CEO East Africa MagazineThe Big StoryOctober 27, 2025October 26, 2025

    Customer complaints in the insurance sector have more than doubled in just three years, from under 150 to over 350. But to Chief Executive Officer Ibrahim Kaddunabbi Lubega, this isn’t…

    A photo collage of Joseph Nsubuga, an actuary turned executive, who is trying to change the outlook of insurance from being a distant, abstract, and mistrusted industry.

    They Don’t Insure Their Own Assets: Inside Uganda’s Insurance Dilemma and Mirai’s Bet on the Future

    Jeff WintersThe Big StoryOctober 22, 2025October 29, 2025

    In Uganda, where insurance penetration remains below 1% of GDP, at 0.883% in 2024, according to the Insurance Regulatory Authority (IRA), the sector sits in a paradox. On paper, it…

    Insurance Regulatory Authority chief executive officer Ibrahim Lubega Kaddunabi and other stakeholders cut the ribbon during the launch of the Insurance Training College certificate for insurance professionals recently.

    Insurance Training College: A Rare Case of a Financially Disciplined State Enterprise, But Failing on Key Mandates

    CEO East Africa MagazineBanking & InsuranceFinanceInsuranceThe Big StoryJune 24, 2025June 23, 2025

    In a rare case of an efficiently managed public institution in Uganda, the Insurance Training College (ITC) emerges as an island of financial discipline in a sea of inefficient state…

    Why business leaders must leverage insurance to drive sustainable production  

    Kisakye ImaniBanking & InsuranceThe Big StoryMarch 11, 2025March 11, 2025

    This year holds a promise of growth with more Ugandans taking on insurance,     The sector, even as penetration remains under 1 percent, has been expanding in terms of premiums, supported by especially growth in health or…

    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…

    The Insurance Industry: Insights from 2024 and the Path Forward into 2025.

    Brian EmorutBanking & InsuranceIndustry & AnalysisMinistries, Agencies & DepartmentsFebruary 23, 2025February 23, 2025

    The insurance industry registered robust growth rates in the first three quarters of 2024. The total gross written premium grew to Ugx.1.39 trillion in the third quarter of 2024 compared…

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    • Breaking Barriers: Charles Mudiwa on Intergenerational Leadership at Makerere 
      by Paul Murungi
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    • Amanda Ayebare, AutoXpress CFO: Balancing Survival and Growth in the Adventurous SME Landscape
      by Paul Murungi
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      An AD Agency Industry in Pain: Broken Retainers, Shrinking Budgets and the Fight for Value vs Ethics
      by Jeff Winters
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