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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 from the union of Sanlam General and Jubilee Allianz, which was formally licensed in August 2025, has immediately reshaped the structure of Uganda’s non-life insurance market. IRA data shows that SanlamAllianz now holds 19.8% of the general insurance market, with UGX 173.33 billion in gross written premiums. This places it just behind long-time market leader Old Mutual, which posted UGX 185.88 billion and a 21.2% market share. As…
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Corporate reputation is an aggregate of public perceptions about an organisation’s social, political, ethical and business behaviour and how people engage with that organisation based on these perceptions. Ultimately, this…
In Uganda, where economic stability is often precarious, the need for a strong culture of saving and insurance is more critical than ever. However, the uptake of insurance products remains significantly low compared to neighbouring countries. The Government is being called upon to put in place policy and regulatory incentives that will make insurance more attractive for Ugandans and boost the saving culture. This was highlighted by Mr. Sumit Kumar, the CEO of Jubilee Life Insurance Uganda, at the recent launch of the Jubilee Smart Save Plan. During the event, Kumar and other industry leaders called for greater government intervention…
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Nine Life Assurance Companies, in 2018 underwrote UGX216.88 billion, nearly 4 times the amount of business the sub-sector underwrote in 2013- a year before the regulator took a strategic decision…
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