Patrick Kimathi Archives – CEO East Africa

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

Muhereza KyamuteteraCompany News News & AnalysisOctober 14, 2025October 23, 2025

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 giant has now officially rebranded to Old Mutual Uganda, unifying its identity with the rest of the group’s East African operations — Kenya and Rwanda — which completed their transitions earlier. But as the brand sheds its dual heritage, the move comes at a pivotal moment — one defined by both renewed ambition and intensifying competition in Uganda’s insurance and investment landscape. A Strategic Evolution, Not Just a…

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

Paul MurungiBanking & Financial Services 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 10 companies for both non-life and life insurance. Under non-life, at least 58.9% of premiums are generated by five companies, while another five generate more than 88.5% of life premiums, according to data from the Insurance Regulatory Authority (IRA). IRA Market Performance Report for the three months to December 2024 indicates that the insurance sector has about 31 companies, of which 20 are non-life, while eight and three are life…

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