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Insurance Regulatory Authority of Uganda
The Insurance Regulatory Authority of Uganda (IRA) was established under section 14 of the Insurance Statute 1996 now The Insurance Act,(Chap213) Laws of Uganda, 2000(Insurance Act)which came into effect on 4th April 1996 and commenced operations in April 1997

The main object of the Authority is to ensure the effective administration, supervision, regulation and control of the business of Insurance in Uganda.

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Our Key Functions
The Objective of the Authority is to ensure the effective administration, supervision, regulation  and control of the business of Insurance in Uganda.
  • establish standards for the conduct of insurance and reinsurance business;
  • license all persons involved in or connected with insurance business, including insurance and reinsurance companies, insurance and reinsurance intermediaries, loss adjusters and assessors, risk inspectors and valuers;
  • approve texts of policies proposal forms;
  • approve minimum rates of insurance premiums and maximum commissions in
    respect of all classes of insurance;
  • safeguard the rights of insurance policyholders and insurance beneficiaries to any insurance contract;
  • provide a bureau to which complaints may be submitted by members of the public;
  • advise the Government on adequate insurance protection and security for national
    assets and national properties;
  • promote a sound and efficient insurance market in the country;
  • supervise and control transactions between insurers and re-insurers;
  • ensure strict compliance with this Act and regulations made under it and any
    other law relating to insurance; and
  • undertake other functions as the Minister may designate.
IRA Orients Industry players on Risk Based Supervision..

The IRA Insurance Manager, Chris Kananura makes a point at the Risk Based Supervision workshop held at the Imperial Royal Hotel. Listening is the Consultant Mr. Naren Seth and George Steven Okotha IRA's Director of Operations.

Insurance Regulatory Authority of Uganda has urged Insurers to embrace Risk Based Supervision (RBS) by putting in place systems, procedures and platforms to support it. The Industry which has been supervised on Compliance-based framework will need to make some adjustments as the Regulator embarks on the long journey of Risk based supervision which is the model which is being Internationally applied. Read more.

MTP Bill proposes to extend cover to drivers..

The IRA Director Legal and Compliance Mrs. Evelyn Nkalubo Muwemba (middle) share ideas with the Chief Executive Officer Uganda Insurers Association Ms. Miriam Magala and Managing Director Phoenix Assuarance Company Mr. Partha Sarathi, recently at the World Bank consultative meeting.

Insurers grappled with inclusion of Drivers in the injured party category as proposed in the new Motor Third Party Insurance Bill.

The current Motor Vehicle Insurance (Third Party Risks) Act, which was enacted in 1998, provides for compensation to only the third parties but does not provide for the driver. The Act also restricts the maximum liability limits to  Read more.

Insurers urged to fast track the oil and gas insurance pool.

The IRA Chief Executive Officer Alhaj Kaddunabbi Ibrahim Lubega addressing senior executives of the insurance sector at the Oil and Gas workshop at Serena Hotel.

The Insurance Regulatory Authority of Uganda (IRA) has urged insurers to fast track the establishment of the oil and gas insurance pool for the sector to benefit from the emerging opportunities in the oil and gas industry.

“The Proposed oil and gas insurance pool is taking long to be operationalized. Read More.. 

See a list of licensed Players;

Important Links
Our Contacts
Plot5,Kyadondo Road, Nakasero. Legacy Towers, Block B, 2nd Floor.
Kampala 22855 - Uganda
Telephone: 0312-266364/ 0414-346712 / 041-4253564
Fax: 256 414 349260
Information Center

Employee of the Month

To Make a Complaint, Click Here or Call Toll Free 0800 124 124
Complaints Bureau
About the Bureau
The Authority set up a Complaints Bureau in 1998 as per Section 15(f) of the Insurance Act to handle complaits against Insurance players. The public is urged to always lodge complaints with the Bureau for prompt settlement to complaints and avoidance of lengthy and costly Court cases
For complaints / Suggestions
Your Name:
Telephone Number

Insurance Players
Licenced Insurance Brokers
Licenced Loss Adjusters
Licenced Insurance Companies
Licenced Agents
Insurance Regulations 2002
HMOs Regulations
Investment Regulations of Paidup Capital

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