Life Insurance Archives

Liberty to Exit Health Insurance Business in Uganda by 2026

Paul MurungiBanking & Insurance The Big StoryJune 22, 2025June 22, 2025

Liberty Life Assurance Uganda has announced a phased withdrawal from its health insurance business in Uganda, signaling a major realignment of its business priorities in East Africa. The development follows…

Uganda’s Insurance Sector Grows 10% in 2024, Eyes Greater Innovation and Inclusion in 2025

CEO ReporterBanking & Insurance News & AnalysisJune 18, 2025June 18, 2025

Uganda’s insurance industry registered a solid 10% growth in gross written premiums (GWP) in 2024, rising from UGX 1.60 trillion in 2023 to UGX 1.76 trillion—underscoring the sector’s resilience, adaptability,…

Policy covers generating the most income for insurance companies

Paul MurungiThe Big StoryMarch 3, 2025March 3, 2025

Insurance gross written premiums grew by 12.04%, increasing by at least UGX 192.4 billion in the three months to December 2024. Details contained in the Insurance Regulatory Authority (IRA) Market…

Who are the top CEOs and companies dominating Uganda’s insurance sector performance?

Paul MurungiInsurance News & Analysis The Big StoryMarch 3, 2025July 24, 2025

The insurance sector has continued to be pivotal in the financial sector. However, it is largely dominated by a few companies with the largest share of premiums written by just…

Sanlam Life’s 2019 profits grow 375% amidst a very competitive insurance market

Muhereza KyamuteteraCompany News The Big StoryJuly 28, 2020July 28, 2020

Sanlam Life Uganda, the life insurance arm of insurance giants, Sanlam, has announced a 375 percent growth in its operating profit for the fifth straight year. In results published last…

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