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The newly merged SanlamAllianz Uganda has officially become the country’s second-largest general insurer. Market performance report for the 2025 third quarter by Insurance Regulatory Authority (IRA) shows that the merged entity, resulting from the union of Sanlam General and Jubilee Allianz, which was formally licensed in August 2025, has immediately reshaped the structure of Uganda’s non-life insurance market. IRA data shows that SanlamAllianz now holds 19.8% of the general insurance market, with UGX 173.33 billion in gross written premiums. This places it just behind long-time market leader Old Mutual, which posted UGX 185.88 billion and a 21.2% market share. As…
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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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Ruth Namuli, previously the Chief Executive Officer of Sanlam General Insurance, has emerged as the Chief Executive Officer of SanlamAllianz Uganda General Insurance, the newly merged entity of Sanlam General and Jubilee Allianz General, CEO East Africa Magazine has exclusively learnt. Her appointment has already been announced to internal staff and key clients, according to our sources. The official public announcement, however, will only be made once the new name has been gazetted and approved by the Uganda Registration Services Bureau (URSB). The Insurance Regulatory Authority (IRA) has already approved the rebrand to SanlamAllianz General Insurance Ltd and granted the…
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