Life Insurance Archives

Joseph Almeida, the Managing Director of Liberty Life Assurance Uganda. The company confirmed that it would cease offering Liberty Health Cover in Uganda by 31 May 2026, once all existing employer group policies expire.

Liberty to Exit Health Insurance Business in Uganda by 2026

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 a comprehensive

June 22, 2025

Banking & Financial Services·The Big Story

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

June 18, 2025

Banking & Financial Services·News & Analysis

The Insurance Regulatory Authority boss, Alhaj Kaddunabi Ibrahim Lubega

Policy covers generating the most income for insurance companies

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 Performance Report

March 3, 2025

The Big Story

Uganda's Insurance leaders dominating the market.

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

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 10 companies

March 3, 2025

Banking & Financial Services·News & Analysis·The Big Story

Nicholas Lutakome, Ag Chief Executive Officer, Sanlam Life Uganda

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

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 week, Sanlam

July 28, 2020

Company News·The Big Story