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TodaySaturday, May 02, 2026

Uganda Insurance Industry

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
March 13, 2026
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SanlamAllianz Uganda CEO Ruth Namuli discusses the merger, digital innovation, claims reform, micro-insurance, and the future of general insurance in Uganda.
SanlamAllianz Uganda CEO Ruth Namuli discusses the merger, digital innovation, claims reform, micro-insurance, and the future of general insurance in Uganda.

Modernising General Insurance: SanlamAllianz CEO Ruth Namuli on Building Uganda’s Insurance Powerhouse with Trust, Innovation, and Scale

Ruth Namuli, Chief Executive Officer of SanlamAllianz General Insurance Uganda, leads the Ugandan arm of Africa’s largest non-banking financial services company. With over 18 years of experience in the insurance industry, she
March 10, 2026
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A photo collage of Jubilee Holdings Chairman, Mr. Zul Abdul and Jubilee Life Insurance Company of Uganda Chairman

Jubilee Holdings Restructures Uganda Operations After IRA Approves Amalgamation of Health and Life Insurance Units

Jubilee Holdings Limited has announced a major restructuring of its Ugandan operations following the approval of the Insurance Regulatory Authority of Uganda (IRA) to amalgamate its two subsidiaries—Jubilee Health Insurance Company of
November 28, 2025
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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
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Sanlam-Jubilee Allianz merger approved by IRA Uganda – insurance industry transformation.
A photo collage of Executive Director of Insurance Regulatory Authority of Uganda, Kaddunabbi Ibrahim Lubega, Sanlam General Insurance CEO, Ruth Namuli and Jubilee-Allianz CEO, Paul Kavuma.

IRA Approves Sanlam-Jubilee Allianz Merger, Paving Way for Major Shake-Up of Uganda’s Insurance Sector

Uganda’s insurance sector is set for a major shake-up following regulatory approval for the long-anticipated merger between Sanlam General Insurance (Uganda) Limited and Jubilee Allianz General Insurance Company Limited. The Insurance Regulatory
July 24, 2025
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