Login
Subscribe
TodayThursday, April 30, 2026

Insurance Regulatory Authority

Ibrahim Kaddunabbi Lubega has led Uganda’s Insurance Regulatory Authority since 2010, overseeing the sector’s growth from UGX 240 billion to over UGX 2 trillion. His long tenure has brought stability and expansion, but now faces scrutiny as questions emerge over term limits and the future leadership of the Authority.
Ibrahim Kaddunabbi Lubega has led Uganda’s Insurance Regulatory Authority since 2010, overseeing the sector’s growth from UGX 240 billion to over UGX 2 trillion. His long tenure has brought stability and expansion, but now faces scrutiny as questions emerge over term limits and the future leadership of the Authority.

Who Will Be the Next Insurance Regulatory Authority CEO: Or Will Lubega Be Granted a Fourth Term?

As the clock ticks toward June, when the current term of Insurance Regulatory Authority (IRA) Chief Executive Officer Ibrahim Kaddunabbi Lubega is expected to expire, a quiet but palpable tension has begun
April 20, 2026
Elias Edu took charge of NIC Holdings amid fragile market share, capital constraints, and profit volatility, tasked with restoring growth, strengthening the balance sheet, and turning legacy into a lasting competitive advantage.
Elias Edu took charge of NIC Holdings amid fragile market share, capital constraints, and profit volatility, tasked with restoring growth, strengthening the balance sheet, and turning legacy into a lasting competitive advantage.

Will Elias Edu Confront NIC Holdings’ Falling Market Share?

For much of Uganda’s post-independence history, NIC Holdings occupied a privileged position in the country’s insurance landscape. Established in 1964 as National Insurance Corporation, NIC was once the dominant underwriter by virtue
February 11, 2026
From top row: A photo collage of Alhaj Dr. Kaddunabbi Ibrahim Lubega- CEO of the Insurance Regulatory Authority (IRA) of Uganda, Ruth Namuli- CEO of SanlamAllianz General Insurance Uganda, Stephen Chikovore- the outgoing CEO of Old Mutual General Insurance Uganda, Paul Kavuma- Country Head of Operations, Liberty Uganda, Fiona Magezi- Managing Director of OLEA Uganda, Nicholas Lutakome- CEO of MUA Insurance, Alexander Mukasa- CEO of SanlamAllianz Life Uganda, Nassuna Christine- Managing Director of AAR General Insurance Uganda and Mr. Zul Abdul- Jubilee Holdings Chairman.

Uganda’s insurance industry in 2025: A year of growth, consolidation, and reckoning

There are years when an industry grows quietly, and then there are years when it changes character. For Uganda’s insurance industry, 2025 was unmistakably a change of character. Viewed from the numbers
December 30, 2025
·
Deepak Pandey is poised for a comeback as CEO of the reorganised Jubilee Life Insurance, with insiders citing his experience, institutional knowledge and regional leadership as key to guiding the insurer’s next phase.
Deepak Pandey is poised for a comeback as CEO of the reorganised Jubilee Life Insurance, with insiders citing his experience, institutional knowledge and regional leadership as key to guiding the insurer’s next phase.

Deepak Pandey Set for Comeback as CEO of Reorganised Jubilee Life Insurance

Deepak Pandey is poised to make a return to the top of Uganda’s insurance industry after being lined up as Chief Executive Officer of the reorganised Jubilee Life Insurance, according to sources
December 23, 2025
Outgoing CEO Latimer Mukasa (left) will hand over the reins at MUA Insurance to Nicholas Lutakome, a seasoned actuary and transformation-focused executive. The leadership transition marks the close of a steady-growth era under Mukasa and the start of a new chapter aimed at accelerated expansion, innovation, and deeper market inclusion under Lutakome.
Outgoing CEO Latimer Mukasa (left) will hand over the reins at MUA Insurance to Nicholas Lutakome, a seasoned actuary and transformation-focused executive. The leadership transition marks the close of a steady-growth era under Mukasa and the start of a new chapter aimed at accelerated expansion, innovation, and deeper market inclusion under Lutakome.

MUA Insurance Appoints CIC Uganda’s CEO Nicholas Lutakome as New Chief Executive Officer  

MUA Insurance has appointed seasoned insurance executive Nicholas Lutakome as its new Chief Executive Officer, marking a leadership transition aimed at accelerating growth and deepening the company’s footprint in Uganda’s increasingly competitive
December 23, 2025
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.
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

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 entity, resulting
December 3, 2025
A photo collage of Jubilee Holdings Chairman, Mr. Zul Abdul and Jubilee Life Insurance Company of Uganda Chairman

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

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
November 28, 2025
·
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.
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

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 penetration and
November 27, 2025
Mr Matthias Kamugasho, the Service Cops managing director, Excel Insurance Managing Director Paul Muwanga, Steven Kaddu Mukasa, the Manager of Inspection at IRA pose for a photo during the product launch.

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

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. Speaking at
November 14, 2025
1 2 3

 

error: Content is protected !!