Insurance Regulatory Authority Uganda Archives

Stanbic, Absa and Centenary Control Nearly Half of Uganda’s Bancassurance Market as Premiums Top UGX 302 Billion

Paul MurungiBanking & Financial Services Insurance The Big StoryMarch 13, 2026March 13, 2026

The bancassurance market is increasingly consolidating around a small group of dominant lenders, with Stanbic, Absa and Centenary emerging as the leading distributors of insurance through banking channels. The Insurance…

Consolidation is a Game-Changer: Uganda’s Insurance Regulator on Building a Resilient Ugandan Insurance Sector

Paul MurungiThe Big StoryJanuary 7, 2026January 8, 2026

As Uganda’s insurance industry heads into 2026, it finds itself at a crossroads. Premiums are rising, claims are being paid at record levels, new players are entering the market, and…

Stephen Chikovore, Old Mutual General Insurance’s CEO in Uganda to Step Down in January 2026

Paul Murungi and Muhereza KyamuteteraBanking & Financial Services The Big StoryDecember 22, 2025December 22, 2025

Old Mutual Insurance Uganda, Uganda’s No.1 general insurer, has announced that its Managing Director and Chief Executive Officer, Stephen Chikovore, will step down from his role effective 31 January 2026….