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March 3, 2026
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    Minet

    A graphic representation of ICEA Lion operations across East Africa.

    US Insurance Giant to Exit ICEA Lion: What it Means for Uganda’s Insurance Market

    Jeff WintersThe Big StoryMarch 2, 2026March 2, 2026

    A major shift is underway in East Africa’s insurance sector after a US-based global financial services firm announced it will sell its entire 24.1% stake in ICEA Lion Insurance Holdings,…

    A photo collage of merged Olea managing director Fiona Magezi and chairman Paul Muhame. The Olea Marsh merger creates a top-five brokerage with 6.4% market share. Former Marsh client service head Magezi becomes Managing Director, while Muhame transitions to board chairman.

    Olea Finalises Acquisition of Marsh Uganda, Fiona Magezi to Replace Paul Muhame as Managing Director

    CEO East Africa MagazineThe Big StoryDecember 2, 2025December 2, 2025

    Pan-African insurance brokerage powerhouse Olea has completed the acquisition and full merger of Marsh Uganda. This marks one of the most significant consolidations in Uganda’s insurance broking sector in recent…

    Can Edward Nambafu restore Minet’s glory days as Uganda’s No.1 insurance broker? 

    Muhereza KyamuteteraBusiness & MarketsNews & AnalysisThe Big StoryJanuary 29, 2024January 29, 2024

    In November 2022, Minet Uganda⏤ a risk, re-insurance and human capital solutions advisory company celebrated its 5th anniversary. The company has however been present for much longer, but under different…

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    CEO East Africa
     
    Thought Leadership
    • Business & Markets
      • The Big Story
      • Company News
      • Banking & Financial Services
      • News & Analysis
      • Technology & Innovation
      • Energy, Oil & Gas
      • East Africa
      • Investigations & Special Reports
      • Economy & Policy
      • Markets & Money
      • Global News
      • Hospitality & Tourism
      • Real Estate & Construction
      • Legal & Justice
      • Manufacturing & Industry
      • Media & Communication
      • News In Pictures
      • Politics & Goverment
      • Regulation & Compliance
      • Sponsored Content
      • Agriculture & Agro-industry
    • Leadership & Governance
      • CEO Perspectives
      • Executive Profiles
      • Women In Leadership
      • Entrepreneurship
      • Transitions & Succession
      • C-Suite Leadership
      • Boards & Governance
      • Thought Leadership
      • Ugandans Excelling Abroad
    • Lists & Rankings
      • 100 Leading & Admired CEOs
      • 100 Most Trusted & Respected Companies
      • 100 Women Fixing Uganda
      • Billionaires
      • 100 Women in Finance
      • 50 Leading CFOs
      • 50 Leading CHROs
      • CEO Of The Week
      • The CIO/CTO Power List
      • The Uganda 300 Index
      • Top 50 CMOs
      • Top Law Firms
      • Uganda’s 100 Oil & Gas Leaders 2024
      • Product of the Week
    • Lifestyle
      • The Executive Traveler
      • Destinations & Hotels
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