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PREQUALIFICATION FOR PROVISION OF AUDITING SERVICES TO INSURANCE PLAYERS
2024 HALF YEAR INSURANCE INDUSTRY PERFORMANCE
Overall, the insurance industry saw robust growth, with total premiums raising from UShs 828.9 billion in the first half of 2023 to UShs 933.8 billion over a comparable period of 2024, registering an impressive 12.65percent growth. This surge reflects heightened business activities, underscoring the sector’s resilience and its pivotal role in the country’s economic landscape.
THE INSURANCE BUZZ - JULY TO SEPTEMBER 2024 EDITION
As the Insurance Regulatory Authority (IRA) continues to champion progress in the insurance industry, the dedication to promoting community well-being remains unwavering. In the recent months, we have actively engaged in a range of initiatives, from transformative discussions to participating in impactful Corporate Social Responsibility events. Our participation in the 2024 Rotary Cancer Run and the blood donation drive with Uganda Blood Transfusion Services exemplifies our dedication to supporting health and wellness in the community.
In this edition, we have updates on Local Marine Cargo Insurance and findings from the Policy Holders Satisfaction Survey that was conducted by the Authority. It is a well-known fact that no business can survive if the clients are dissatisfied, hence the survey, to find out how we can improve the Insurance service and make it
In this latest edition, we bring you developments ranging from the industry performance 2022 and what we need to focus on going forward to keep the growth momentum, to the sports gala in pictures.