Old Mutual Uganda

Uganda insurance industry titans: From top left: Eugine Mutekhele, Deputy Chief Executive Officer, Jubilee Insurance Uganda, Tetteh Ayitevie, Chief Executive Officer, Prudential Uganda, Ruth Namuli, Chief Executive Officer of SanlamAllianz General Insurance Uganda, Andrew Makumbi. Acting Managing Director & Chief Finance Officer, Old Mutual Insurance Uganda.

Insurance Premiums Hit UGX 2.03 Trillion as Jubilee and Prudential Lead Life, SanlamAllianz and Old Mutual Dominate Non-Life

The insurance industry closed the fourth quarter of 2025 with gross written premiums of UGX 2.02 trillion, representing a 14.8% growth from UGX 1.76 trillion in the same period of 2024. While
Left to right: A photo collage of Old Mutual Executives — Arthur Oginga, CEO of Old Mutual East Africa; Patrick Kimathi, Managing Director of UAP Old Mutual Life Assurance; Stephen Chikovore, Managing Director of Old Mutual Insurance; and Zac Kisesi, Managing Director of Old Mutual Investment Group. Together, they represent the leadership driving Old Mutual Uganda’s strategic evolution — aligning the brand with its Pan-African identity while navigating a fast-changing financial landscape where scale, innovation, and agility will define the next era of competition.
Left to right: A photo collage of Old Mutual Executives — Arthur Oginga, CEO of Old Mutual East Africa; Patrick Kimathi, Managing Director of UAP Old Mutual Life Assurance; Stephen Chikovore, Managing Director of Old Mutual Insurance; and Zac Kisesi, Managing Director of Old Mutual Investment Group. Together, they represent the leadership driving Old Mutual Uganda’s strategic evolution — aligning the brand with its Pan-African identity while navigating a fast-changing financial landscape where scale, innovation, and agility will define the next era of competition.

Old Mutual Uganda Aligns with Pan-African Identity Amid Shifting Market Realities as Rivals Close In

The green flame of Old Mutual is set to burn bright in Uganda. After nearly a decade of operating under the green and red hybrid identity of UAP Old Mutual, the financial
October 14, 2025
UAP Old Mutual is selling its KSh4.37 billion Nakawa Business Park in Uganda as part of a KSh19.4 billion East African property sell-off, citing weak returns and a decade of flat valuations.
The sprawling Nakawa Business Park in Kampala, UAP Old Mutual’s second most prized asset after Nairobi’s Old Mutual Tower, is home to its insurance and investment arms and is valued at KSh4.37 billion.

UAP Old Mutual’s Nakawa Business Park on Sale as Insurer Reevaluates Real Estate Investments in the Region 

Regional insurer Old Mutual Holdings Plc is preparing to divest its flagship Nakawa Business Park in Uganda as part of a sweeping exit from the East African real estate market. The move
August 26, 2025

 

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