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2016 Press Releases:


Insurance Companies to Jointly Cover Oil and Gas

Kampala, Uganda (09 December 2016) As government moves towards the production phase of oil from the Albertine region, insurance companies in Uganda have announced that they will jointly cover risks in the oil and gas sector.


Insurance Sector Growth Poised to Slow Down

Kampala, Uganda (02 December 2016) The headwinds in the economy could have affected the insurance sector in 2016 with much slower growth expected. The Ugandan economic slowdown has affected businesses and reduced the disposable income, which has meant adjustments in expenditure on things like Insurance.


Parliament to Pass Islamic Insurance Law

Kampala, Uganda (23 November 2016) The Insurance Regulatory Authority (IRA) is now awaiting Parliament to pass the Bill that proposes to amend the Insurance Act (2011), in order to cater for Islamic Insurance.


Africa's Insurance and Reinsurance Conference 2016

Nairobi, Kenya (28 June 2016 - 29 June 2016) This year's AIRC is being held in Nairobi, Kenya under a timely theme "Capturing Growth in a Transforming Africa Insurance & Reinsurance Landscape". With leading speakers from Africa, including Goldstar Managing Director Mr Azim Tharani, the event is sure to give rise to interesting discussions.


Insurance Institute Moves to Lure Upcountry Market

Mbale (06 June 2016) The Insurance Institute of Uganda (IIU) is taking steps into attracting more people to take up different insurance products, with more focus placed on promoting awareness among people living in the countryside.


Ira's Kaddunabbi Marks Five Years, Sees Insurance Growth

Kampala (03 June 2016) – Five years after he took over as chief executive officer of the Insurance Regulatory Authority, Ibrahim Kaddunabbi Lubega, says he is content with growth in the sector.


Uganda Calls for More Investors

Kampala (28 May 2016) – The Insurance Regulatory Authority Executive Director Ibrahim Lubega Kaddunabi has said Uganda's insurance sector is still open, calling upon regional and international investors to come and invest in the sector.


Financial services top list of Uganda tax contributors

Kampala (28 May 2016) Uganda’s financial services sector was the biggest contributor to corporation taxes in 2015, according to the Uganda Revenue Authority. The telecommunications and fuel supply sectors recorded the most losses.


44th African Insurance Organisation Conference to be hosted by Uganda

Kampala (25 May 2016) – Uganda is to host the 44th African Insurance Organisation conference slated for May 2017. This year May 2016, the AIO will be held in Morocco. The AIO conference was last held in Uganda 1998


East Africa’s reinsurance sector gaining momentum

Kampala (21 May 2016) East Africa’s reinsurance business is fast maturing, with the regional community member states coming up with national companies to ensure premiums remain within their respective jurisdictions. This is despite the low levels of insurance penetration in the region as well as political risks and terrorism threats.


Uganda Insurance Industry Tops Shs700 Billion

Kampala (13 May 2016) Uganda's insurance industry premiums are expected to grew 20% to Shs733 billion this year on the back of sustainable economic expansion and demographic shifts and new opportunities.


Uganda: Insurance Authority to Recruit Agents

Kampala (09 May 2016) The insurance industry is targeting to license about 5,000 insurance agents in the next three years in a bid to increase uptake of both life and non-life insurance products.


Uganda to hold 8th banking and Insurance Expo

Kampala (06 May 2016) Financial sector players are set to gather in Kampala for the 8th banking, Finance and Insurance Expo in three weeks time.


Uganda: Insurance Body Targets 5,000 Agents to Boost Penetration

Kampala (13 April 2016) The insurance industry is targeting to license 5,000 more agents in the next three years in a bid to increase popularity of products in both life and non-life segments.


Katalemwa Cheshire Home Gets Goldstar Insurance Donations

Kampala (13 April 2016) In the spirit of corporate social responsibility, Goldstar Insurance, a leading insurance company in Uganda  donated an assortment of wheelchairs to needy Katalemwa Cheshire Children’s Home.


Gold Star Insurance Assists Katalemwa Disabled Kids

Kampala (13 April 2016) Gold Star Insurance, one of the companies under the Ruparelia Group of Companies yesterday donated 25 wheel chairs to the physically impaired children at Katalemwa Cheshire Home for Rehabilitation Services (KCH) in Gayaza.


Goldstar donates 25 wheel chairs to PWDs

Kampala (13 April 2016) Goldstar Insurance Company, one of the Ruparelia group of companies, on Tuesday witnessed the donation of 25 wheel chairs to Katalemwa rehabilitation centre.


Goldstar Insurance Donates To Katalemwa Home

Kampala (13 April 2016) Goldstar Insurance, the largest indigenous insurance firm, yesterday morning donated 25 wheelchairs to Katalemwa Cheshire Children’s Home. The donation marked the start of a range of activities to mark twenty years of Goldstar Insurance serving Uganda.


Smiles as Goldstar Insurance donates to children's Home

Kampala (13 April 2016)  Goldstar Insurance showed love to needy children of Katalemwa cheshire children's Home when it delivered 25 wheelchairs to help in the rehabilitation of the disadvantaged children


East Africa: After Bad Year for East Africa Insurers, 2016 Outlook Seems Promising

Kampala (09 April 2016) The insurance industry in East Africa has witnessed tremendous growth over the past five years, though the continent's penetration ration remains low.


Uganda-Based Insurer Wins Global Award for Innovation

Kampala (29 March 2016) The International Finance Magazine (IFM) Awards annually celebrates excellence, through an event that recognizes and honors individuals and organizations in the international finance industry that make a significant difference and add value to services.


Uganda: Boda Boda Riders to Get Group Life Insurance Cover

Kampala (11 February 2016) National Insurance Corporation (NIC) has partnered with the Nakasero Hospital and Uganda Police Force to provide insurance cover to boda boda riders under their umbrella body, the Uganda National Boda boda Association (UNBA).


Liberty enters Uganda’s general insurance business with local firm

Nairobi (01 February 2016) LIBERTY Holdings is banking on its latest entry into the Ugandan market to widen its regional market share, targeting the growing international investments flowing into East Africa


Uganda: Insurance Boom Looms

Kampala (11 January 2016) IRA CEO Ibrahim KaddunabIInsurance industry poised for greater heights as PTA, Africa Re open liaison offices in Uganda