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There are years when an industry grows quietly, and then there are years when it changes character. For Uganda’s insurance industry, 2025 was unmistakably a change of character. Viewed from the numbers side, it was a strong year. By mid-year, insurers had written UGX 1.02 trillion in gross premiums, an 8.78% increase from the same period in 2024. Claims paid reached UGX 443 billion, meaning nearly half of all premiums collected were already being returned to policyholders. For Ibrahim Kaddunabbi Lubega, Chief Executive Officer of the Insurance Regulatory Authority (IRA), that balance mattered more than topline growth. “Premium growth without…
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SanlamAllianz Life Insurance Uganda has named Alexander Mukasa as its new Chief Executive Officer, effective December 2025, marking a significant leadership transition at one of the country’s most dynamic life insurance providers. Mukasa replaces long-serving insurance executive Gary V Corbit, who has proceeded into retirement after a distinguished multi-decade career spanning Uganda, Kenya, Zambia and the wider African insurance market. His arrival at SanlamAllianz coincides with major structural shifts within Uganda’s insurance sector, most notably the acquisition and merger of Marsh Uganda by Olea, a Pan-African insurance brokerage group. Until his appointment at SanlamAllianz, Mukasa served as Managing Director of…
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The B20 Summit places productivity and resilience at the heart of Africa’s economic future. Which structural weaknesses in Africa concern you most, and how is Sanlam positioning itself to strengthen resilience against these vulnerabilities? If you start geographically, there’s a major challenge because of just the sheer size of the place, the fact that the population is actually mostly along the coastline of Africa, with this vast interior. A lot of challenges in terms of infrastructure, movement of goods and people and so on, but I think over time, we would like to see more investment in infrastructure in Africa….
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SanlamAllianz General Insurance Uganda has launched a new policy, the SanlamAllianz On-the-Go Accident Cover, at their head office on Prince Charles Drive in Kololo. This will be Uganda’s first local…
SanlamAllianz Re, the reinsurance arm of SanlamAllianz, today announced the appointment of Tobias Suek as its new Chief Executive Officer effective 15 October 2025, subject to regulatory approval. Tobias joins…
Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s leading insurers and financial services providers are pleased to announce that they have received regulatory approvals for the joint venture that will create the leading Pan-African non-banking financial services company with a presence in 27 countries in Africa. The joint venture will operate as SanlamAllianz. “SanlamAllianz’s ambition is to be among the top three players, in both market share and profitability, in the markets where the company will operate,” the company said in a media statement. The joint venture, according to the statement, is expected to have…
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