The Insurance Industry in Uganda - Key Trends and Opportunities to 2022
Summary
The GWP of the Ugandan insurance industry increased from UGX406.8 billion (US$157.3 million) in 2013 to UGX676.0 billion (US$187.2 million) in 2017, with a review-period CAGR of 13.5%. This growth was driven by increased demand for personal accident and health insurance and a rise in infrastructural activity in the country. Also, a factor supporting the growth is an increased uptake of the personal accident and health insurance of corporate institutions, the introduction of infrastructural projects such as road projects, and the construction of dams in Ayago, Kyambura and Achwa.
The Ugandan insurance industry is underdeveloped and has a large scope for improvement. The insurance, reinsurance companies and insurance intermediaries in the country are supervised and regulated by the IRA. According to IRA, as of 2018, the Ugandan insurance industry comprised 19 general insurers, nine life insurers, one microinsurer and a domestic reinsurer licensed by the IRA to offer insurance services in the country. Furthermore, Uganda Re-Insurance Company Ltd is the only domestic reinsurer, and Africa Re and Zep-Re (PTA Re) are other reinsurers in the country.
Life insurance in Uganda accounted for 21.5% of the industry’s gross written premium, and was valued at UGX145.1 billion (US$40.2 million) in 2017, at a review-period CAGR of 29.6%. This was primarily due to the segregation of composite insurance companies from the industry and increased demand for individual life insurance products, supported by the rise in individuals’ disposable income. The industry was led by the general insurance sub-sector, which grew at a CAGR of 10.5%, and was valued at UGX530.8 billion (US$147.0 million) in 2017.
Insurers operating in the Ugandan insurance industry employ diverse distribution channels to sell insurance. Brokers continue to dominate distribution channels. In 2017, the regulation of bancassurance was issued, which laid out provisions for the licensing of bancassurance agents, proper accountability of premiums and timely services, supplement protection for policyholders and prospects, along with the roles and responsibilities of bancassurance participants. This is expected to improve the penetration of the insurance industry over the forecast period.
The report "The Insurance Industry in Uganda - Key Trends and Opportunities to 2022" provides in-depth market analysis, information and insights into the Ugandan insurance industry, including -
Companies mentioned: Jubilee Insurance Company Ltd, UAP-Old-Mutual Insurance Uganda Ltd, UAP-Old-Mutual Life Assurance Ltd, Britam Insurance Company Ltd, Liberty Life Assurance Ltd, Lion Assurance Company Ltd, Sanlam General Uganda Ltd, ICEA Life Assurance Company Ltd, Sanlam Life Insurance Ltd, Jubilee Life Insurance Company Ltd.
Scope
Reasons to Buy
Summary
The GWP of the Ugandan insurance industry increased from UGX406.8 billion (US$157.3 million) in 2013 to UGX676.0 billion (US$187.2 million) in 2017, with a review-period CAGR of 13.5%. This growth was driven by increased demand for personal accident and health insurance and a rise in infrastructural activity in the country. Also, a factor supporting the growth is an increased uptake of the personal accident and health insurance of corporate institutions, the introduction of infrastructural projects such as road projects, and the construction of dams in Ayago, Kyambura and Achwa.
The Ugandan insurance industry is underdeveloped and has a large scope for improvement. The insurance, reinsurance companies and insurance intermediaries in the country are supervised and regulated by the IRA. According to IRA, as of 2018, the Ugandan insurance industry comprised 19 general insurers, nine life insurers, one microinsurer and a domestic reinsurer licensed by the IRA to offer insurance services in the country. Furthermore, Uganda Re-Insurance Company Ltd is the only domestic reinsurer, and Africa Re and Zep-Re (PTA Re) are other reinsurers in the country.
Life insurance in Uganda accounted for 21.5% of the industry’s gross written premium, and was valued at UGX145.1 billion (US$40.2 million) in 2017, at a review-period CAGR of 29.6%. This was primarily due to the segregation of composite insurance companies from the industry and increased demand for individual life insurance products, supported by the rise in individuals’ disposable income. The industry was led by the general insurance sub-sector, which grew at a CAGR of 10.5%, and was valued at UGX530.8 billion (US$147.0 million) in 2017.
Insurers operating in the Ugandan insurance industry employ diverse distribution channels to sell insurance. Brokers continue to dominate distribution channels. In 2017, the regulation of bancassurance was issued, which laid out provisions for the licensing of bancassurance agents, proper accountability of premiums and timely services, supplement protection for policyholders and prospects, along with the roles and responsibilities of bancassurance participants. This is expected to improve the penetration of the insurance industry over the forecast period.
The report "The Insurance Industry in Uganda - Key Trends and Opportunities to 2022" provides in-depth market analysis, information and insights into the Ugandan insurance industry, including -
- The Ugandan insurance industry's growth prospects by segment and category
- A comprehensive overview of the Ugandan economy and demographics
- Details of the competitive landscape in the Ugandan insurance industry
- The various distribution channels in the Ugandan insurance industry
- Details of regulatory policy applicable to the Ugandan insurance industry
- Analysis of natural hazards in the Ugandan insurance industry
Companies mentioned: Jubilee Insurance Company Ltd, UAP-Old-Mutual Insurance Uganda Ltd, UAP-Old-Mutual Life Assurance Ltd, Britam Insurance Company Ltd, Liberty Life Assurance Ltd, Lion Assurance Company Ltd, Sanlam General Uganda Ltd, ICEA Life Assurance Company Ltd, Sanlam Life Insurance Ltd, Jubilee Life Insurance Company Ltd.
Scope
- This report provides a comprehensive analysis of the insurance industry in Uganda.
- It provides historical values for the Ugandan insurance industry for the report’s 2013-2017 review period, and projected figures for the 2017-2022 forecast period.
- It offers a detailed analysis of the key segments in the Ugandan insurance industry, with market forecasts to 2022.
- It covers an exhaustive list of parameters, including written premium and claims.
- It analyzes the various distribution channels in Uganda.
- It profiles the top insurance companies in Uganda, and outlines the key regulations affecting them.
Reasons to Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Ugandan insurance industry and each segment and category within it.
- Understand the demand-side dynamics, key market trends and growth opportunities in the Ugandan insurance industry.
- Assess the competitive dynamics in the Ugandan insurance industry.
- Identify the growth opportunities and market dynamics in key segments.
- Gain insights into key regulations governing the Ugandan insurance industry and their impact on companies and the industry's future.
Table of Contents
1 KEY FACTS AND HIGHLIGHTS2 EXECUTIVE SUMMARY
3 ECONOMY AND DEMOGRAPHICS
4 INDUSTRY OUTLOOK
4.1 Industry Indicators
4.1.1 Gross written premium
4.1.2 Insurance density
5 LIFE INSURANCE OUTLOOK
5.1 Segment Indicators
5.1.1 Gross written premium
5.1.2 Penetration
5.1.3 Assets and investments
5.2 Individual Life Insurance
5.2.1 Gross written premium
5.2.2 Penetration
5.3 Group Life Insurance
5.3.1 Gross written premium
5.3.2 Penetration
5.4 Pension Insurance
5.4.1 Gross written premium
5.4.2 Penetration
6 GENERAL INSURANCE OUTLOOK
6.1 Segment Indicators
6.1.1 Gross written premium
6.1.2 Penetration
6.1.3 Loss ratio
6.1.4 Assets and investments
6.2 Property Insurance
6.2.1 Gross written premium
6.2.2 Penetration
6.2.3 Profitability
6.3 Motor Insurance
6.3.1 Gross written premium
6.3.2 Penetration
6.3.3 Profitability
6.4 Liability Insurance
6.4.1 Gross written premium
6.4.2 Penetration
6.4.3 Profitability
6.5 Financial Lines Insurance
6.5.1 Gross written premium
6.5.2 Penetration
6.5.3 Profitability
6.6 Marine, Aviation and Transit Insurance
6.6.1 Gross written premium
6.6.2 Penetration
6.6.3 Profitability
6.7 Personal Accident and Health Insurance
6.7.1 Gross written premium
6.7.2 Penetration
6.7.3 Profitability
6.8 Miscellaneous
6.8.1 Gross written premium
6.8.2 Penetration
6.8.3 Profitability
7 REINSURANCE OUTLOOK
7.1 Premium Ceded
8 DISTRIBUTION CHANNEL OUTLOOK
9 NATURAL AND MAN-MADE HAZARDS
9.1 Flooding
9.2 Droughts
9.3 Earthquakes
9.4 Landslides
9.5 Exposure
10 COMPETITIVE LANDSCAPE
10.1 Company Profiles
10.1.1 Jubilee Insurance Company Ltd - company overview
10.1.2 UAP-Old-Mutual Insurance Uganda Ltd - company overview
10.1.3 Britam Insurance Company Ltd - company overview
10.1.4 Liberty Life Assurance Ltd - company overview
10.1.5 Lion Assurance Company Ltd - company overview
11 GOVERNANCE, RISK AND COMPLIANCE
11.1 Legislation Overview and Historical Evolution
11.2 Latest Changes in Regulation
11.3 Legislation and Market Practice by Type of Insurance
11.3.1 Life insurance
11.3.2 Property insurance
11.3.3 Motor insurance
11.3.4 Liability insurance
11.3.5 Marine, aviation and transit insurance
11.3.6 Personal accident and health insurance
11.4 Compulsory Insurance
11.4.1 Motor third-party liability insurance
11.4.2 Workmen’s compensation insurance
11.4.3 Professional indemnity insurance for (re)insurance brokers
11.5 Supervision and Control
11.5.1 International Association of Insurance Supervisors
11.5.2 Egyptian Financial Regulatory Authority
11.5.3 Insurance Regulatory Authority of Uganda
11.5.4 Insurance Regulatory Authority of Uganda
11.6 Non-Admitted Insurance Regulations
11.6.1 Overview
11.6.2 Intermediaries
11.6.3 Market practices
11.6.4 Fines and Penalties
11.7 Company Registration and Operations
11.7.1 Type of insurance organization
11.7.2 Establishing a local company
11.7.3 Foreign ownership
11.7.4 Types of license
11.7.5 Capital requirements
11.7.6 Solvency margin
11.7.7 Reserve requirements
11.7.8 Investment regulations
11.7.9 Statutory return requirements
11.7.10 Fee structure
11.8 Taxation
11.8.1 Insurance premium or policy taxation
11.8.2 Withholding taxes on premium paid overseas
11.8.3 Corporate tax
11.8.4 VAT
11.8.5 Captives
11.9 Legal System
11.9.1 Introduction
11.9.2 Access to court
11.9.3 Alternative dispute resolution
12 DATABOOK
12.1 Life Insurance
12.1.1 Policies and premium
12.1.2 Claims and expenses
12.1.3 Assets and investments
12.1.4 Individual life insurance
12.1.5 Group life insurance
12.2 General Insurance
12.2.1 Policies and premium
12.2.2 Claims and expenses
12.2.3 Assets and investments
12.2.4 Property insurance
12.2.5 Property insurance by category
12.2.6 Motor insurance
12.2.7 Liability insurance
12.2.8 Financial lines insurance
12.2.9 Marine, aviation and transit insurance
12.2.10 Personal accident and health insurance
12.2.11 Personal accident and health insurance by category
12.2.12 Miscellaneous
13 DEFINITIONS AND METHODOLOGY
13.1 Definitions
13.2 Methodology
14 About
14.1 Contact
14.2 About
14.3 Services
14.4 Disclaimer
List of Tables
- Table 1: Ugandan Insurance Industry - Key Facts, 2017
- Table 2: Ugandan Insurance Industry - Industry Shares of the Top Insurers, 2017
- Table 3: Ugandan Government Credit Ratings
- Table 4: Ugandan Insurance Industry - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 5: Ugandan Insurance Industry - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 6: Ugandan Insurance Industry - Density (UGX), 2013-2017
- Table 7: Ugandan Insurance Industry - Density (UGX), 2017-2022
- Table 8: Ugandan Life Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 9: Ugandan Life Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 10: Ugandan Life Insurance - Total Assets (UGX Billion and US$ Million), 2013-2017
- Table 11: Ugandan Life Insurance - Total Assets (UGX Billion and US$ Million), 2017-2022
- Table 12: Ugandan Life Insurance - Investment Portfolio (UGX Billion), 2013-2017
- Table 13: Ugandan Life Insurance - Investment Portfolio (UGX Billion), 2017-2022
- Table 14: Ugandan Individual Life Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 15: Ugandan Individual Life Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 16: Ugandan Group Life Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 17: Ugandan Group Life Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 18: Ugandan Pension - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 19: Ugandan Pension - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 20: Ugandan General Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 21: Ugandan General Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 22: Ugandan General Insurance - Total Assets (UGX Billion and US$ Million), 2013-2017
- Table 23: Ugandan General Insurance - Total Assets (UGX Billion and US$ Million), 2017-2022
- Table 24: Ugandan General Insurance - Investment Portfolio (UGX Billion), 2013-2017
- Table 25: Ugandan General Insurance - Investment Portfolio (UGX Billion), 2017-2022
- Table 26: Ugandan Property Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 27: Ugandan Property Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 28: Ugandan Property Insurance - Loss Ratio (%), 2013-2017
- Table 29: Ugandan Property Insurance - Loss Ratio (%), 2017-2022
- Table 30: Ugandan Motor Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 31: Ugandan Motor Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 32: Ugandan Motor Insurance - Loss Ratio (%), 2013-2017
- Table 33: Ugandan Motor Insurance - Loss Ratio (%), 2017-2022
- Table 34: Ugandan Liability Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 35: Ugandan Liability Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 36: Ugandan Liability Insurance - Loss Ratio (%), 2013-2017
- Table 37: Ugandan Liability Insurance - Loss Ratio (%), 2017-2022
- Table 38: Ugandan Financial Lines Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 39: Ugandan Financial Lines Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 40: Ugandan Financial Lines Insurance - Loss Ratio (%), 2013-2017
- Table 41: Ugandan Financial Lines Insurance - Loss Ratio (%), 2017-2022
- Table 42: Ugandan Marine, Aviation and Transit Insurance - Gross Written Premium (UGX Billion and US$ Billion), 2013-2017
- Table 43: Ugandan Marine, Aviation and Transit Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 44: Ugandan Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2017
- Table 45: Ugandan Marine, Aviation and Transit Insurance - Loss Ratio (%), 2017-2022
- Table 46: Ugandan Personal Accident and Health Insurance - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 47: Ugandan Personal Accident and Health Insurance - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 48: Ugandan Personal Accident and Health Insurance - Loss Ratio (%), 2013-2017
- Table 49: Ugandan Personal Accident and Health Insurance - Loss Ratio (%), 2017-2022
- Table 50: Ugandan Miscellaneous - Gross Written Premium (UGX Billion and US$ Million), 2013-2017
- Table 51: Ugandan Miscellaneous - Gross Written Premium (UGX Billion and US$ Million), 2017-2022
- Table 52: Ugandan Miscellaneous - Loss Ratio (%), 2013-2017
- Table 53: Ugandan Miscellaneous - Loss Ratio (%), 2017-2022
- Table 54: Ugandan Reinsurance - Premium Ceded by Insurance Segment (UGX Billion), 2013-2017
- Table 55: Ugandan Reinsurance - Premium Ceded by Insurance Segment (UGX Billion), 2017-2022
- Table 56: Ugandan Overall Insurance Segment - Market Share of Top Insurers (%), 2017
- Table 57: Ugandan Life Insurance Segment - Market Share of Top Life Insurers (%), 2017
- Table 58: Ugandan General Insurance Segment - Market Share of Top General Insurers (%), 2017
- Table 59: Jubilee Insurance Company Ltd - Key Facts
- Table 60: UAP-Old-Mutual Insurance Uganda Ltd - Key Facts
- Table 61: Britam Insurance Company Ltd - Key Facts
- Table 62: Liberty Life Assurance Ltd - Company Overview - Key Facts
- Table 63: Uganda - Insurance Regulatory Framework Key Features
- Table 64: Uganda - Life Insurance Regulatory Framework
- Table 65: Uganda - Property Insurance Regulatory Framework
- Table 66: Uganda - Premium Subsidy Allocation for Crop Farming
- Table 67: Uganda - Premium Subsidy Allocation for Livestock Farming
- Table 68: Uganda - Motor Insurance Regulatory Framework
- Table 69: Uganda - Liability Insurance Regulatory Framework
- Table 70: Uganda - MTPL Insurance Premium Rates
- Table 71: Uganda - Short Term MTPL Insurance Premium Rates
- Table 72: Uganda - Yellow Card Motor Insurance Premium Rates
- Table 73: Uganda - Yellow Card Motor Insurance Premium Rates for Travelling to Other Countries
- Table 74: Uganda - Corporate Tax Rates for the Financial Year 2018
- Table 75: Ugandan Life Insurance - Policies and Premium, 2013-2017
- Table 76: Ugandan Life Insurance - Policies and Premium, 2017-2022
- Table 77: Ugandan Life Insurance - Claims and Expenses, 2013-2017
- Table 78: Ugandan Life Insurance - Claims and Expenses, 2017-2022
- Table 79: Ugandan Life Insurance - Assets and Investments, 2013-2017
- Table 80: Ugandan Life Insurance - Assets and Investments, 2017-2022
- Table 81: Ugandan Life Insurance - Individual Life Insurance, 2013-2017
- Table 82: Ugandan Life Insurance - Individual Life Insurance, 2017-2022
- Table 83: Ugandan Life Insurance - Group Life Insurance, 2013-2017
- Table 84: Ugandan Life Insurance - Group Life Insurance, 2017-2022
- Table 85: Ugandan General Insurance - Policies and Premium, 2013-2017
- Table 86: Ugandan General Insurance - Policies and Premium, 2017-2022
- Table 87: Ugandan General Insurance - Claims and Expenses, 2013-2017
- Table 88: Ugandan General Insurance - Claims and Expenses, 2017-2022
- Table 89: Ugandan General Insurance - Assets and Investments, 2013-2017
- Table 90: Ugandan General Insurance - Assets and Investments, 2017-2022
- Table 91: Ugandan General Insurance - Property Insurance, 2013-2017
- Table 92: Ugandan General Insurance - Property Insurance, 2017-2022
- Table 93: Ugandan General Insurance - Property Insurance by Category, 2013-2017
- Table 94: Ugandan General Insurance - Property Insurance by Category, 2017-2022
- Table 95: Ugandan General Insurance - Motor Insurance, 2013-2017
- Table 96: Ugandan General Insurance - Motor Insurance, 2017-2022
- Table 97: Ugandan General Insurance - Liability Insurance, 2013-2017
- Table 98: Ugandan General Insurance - Liability Insurance, 2017-2022
- Table 99: Ugandan General Insurance - Financial Lines Insurance, 2013-2017
- Table 100: Ugandan General Insurance - Financial Lines Insurance, 2017-2022
- Table 101: Ugandan General Insurance - Marine, Aviation and Transit Insurance, 2013-2017
- Table 102: Ugandan General Insurance - Marine, Aviation and Transit Insurance, 2017-2022
- Table 103: Ugandan General Insurance - Personal Accident and Health Insurance, 2013-2017
- Table 104: Ugandan General Insurance - Personal Accident and Health Insurance, 2017-2022
- Table 105: Ugandan General Insurance - Personal Accident and Health Insurance by Category, 2013-2017
- Table 106: Ugandan General Insurance - Personal Accident and Health Insurance by Category, 2017-2022
- Table 107: Ugandan General Insurance - Miscellaneous, 2013-2017
- Table 108: Ugandan General Insurance - Miscellaneous, 2017-2022
- Table 109: Insurance Industry Definitions
List of Figures
- Figure 1: Ugandan Real GDP (UGX Trillion), 2013-2022
- Figure 2: Ugandan Exchange Rate (UGX per US$), 2013-2022
- Figure 3: Ugandan Consumer Price Inflation (%), 2013-2022
- Figure 4: Ugandan Current Account Balance as Percentage of GDP (%), 2013-2015
- Figure 5: Ugandan Unemployment Rate, 2013-2022
- Figure 6: Ugandan Population by Age Group, 2013-2022
- Figure 7: Ugandan Insurance Industry - Gross Written Premium (UGX Billion), 2013-2022
- Figure 8: Ugandan Insurance Industry - Density (UGX), 2013-2022
- Figure 9: Ugandan Life Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 10: Ugandan Life Insurance - Penetration (%), 2013-2017
- Figure 11: Ugandan Life Insurance - Penetration (%), 2017-2022
- Figure 12: Ugandan Life Insurance - Total Assets (UGX Billion), 2013-2022
- Figure 13: Ugandan Life Insurance - Investment Portfolio (UGX Billion), 2013-2022
- Figure 14: Ugandan Life Insurance - Investment Portfolio Dynamics (UGX Billion), 2013-2022
- Figure 15: Ugandan Individual Life Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 16: Ugandan Individual Life Insurance - Penetration (%), 2013-2017
- Figure 17: Ugandan Individual Life Insurance - Penetration (%), 2017-2022
- Figure 18: Ugandan Group Life Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 19: Ugandan Group Life Insurance - Penetration (%), 2013-2017
- Figure 20: Ugandan Group Life Insurance - Penetration (%), 2017-2022
- Figure 21: Ugandan Pension - Gross Written Premium (UGX Billion), 2013-2022
- Figure 22: Ugandan Pension - Penetration (%), 2013-2017
- Figure 23: Ugandan Pension - Penetration (%), 2017-2022
- Figure 24: Ugandan General Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 25: Ugandan General Insurance - Penetration (%), 2013-2017
- Figure 26: Ugandan General Insurance - Penetration (%), 2017-2022
- Figure 27: Ugandan General Insurance - Loss Ratio (%), 2013-2017
- Figure 28: Ugandan General Insurance - Loss Ratio (%), 2017-2022
- Figure 29: Ugandan General Insurance - Total Assets (UGX Billion), 2013-2022
- Figure 30: Ugandan General Insurance - Investment Portfolio (UGX Billion), 2013-2022
- Figure 31: Ugandan General Insurance - Investment Portfolio Dynamics (UGX Billion), 2013-2022
- Figure 32: Ugandan Property Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 33: Ugandan Property Insurance - Penetration (%), 2013-2017
- Figure 34: Ugandan Property Insurance - Penetration (%), 2017-2022
- Figure 35: Ugandan Property Insurance - Earned Premium, Incurred Loss and Loss Ratio (UGX Billion and %), 2013-2022
- Figure 36: Ugandan Motor Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 37: Ugandan Motor Insurance - Penetration (%), 2013-2017
- Figure 38: Ugandan Motor Insurance - Penetration (%), 2017-2022
- Figure 39: Ugandan Motor Insurance - Earned Premium, Incurred Loss and Loss Ratio (UGX Billion and %), 2013-2022
- Figure 40: Ugandan Liability Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 41: Ugandan Liability Insurance - Penetration (%), 2013-2017
- Figure 42: Ugandan Liability Insurance - Penetration (%), 2017-2022
- Figure 43: Ugandan Liability Insurance - Earned Premium, Incurred Loss and Loss Ratio (UGX Billion and %), 2013-2022
- Figure 44: Ugandan Financial Lines Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 45: Ugandan Financial Lines Insurance - Penetration (%), 2013-2017
- Figure 46: Ugandan Financial Lines Insurance - Penetration (%), 2017-2022
- Figure 47: Ugandan Financial Lines Insurance - Earned Premium, Incurred Loss and Loss Ratio (UGX Billion and %), 2013-2022
- Figure 48: Ugandan Marine, Aviation and Transit Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 49: Ugandan Marine, Aviation and Transit Insurance - Penetration (%), 2013-2017
- Figure 50: Ugandan Marine, Aviation and Transit Insurance - Penetration (%), 2017-2022
- Figure 51: Ugandan Marine, Aviation and Transit Insurance - Earned Premium, Incurred Loss and Loss Ratio (UGX Billion and %), 2013-2022
- Figure 52: Ugandan Personal Accident and Health Insurance - Gross Written Premium (UGX Billion), 2013-2022
- Figure 53: Ugandan Personal Accident and Health Insurance - Penetration (%), 2013-2017
- Figure 54: Ugandan Personal Accident and Health Insurance - Penetration (%), 2017-2022
- Figure 55: Ugandan Personal Accident and Health Insurance - Earned Premium, Incurred Loss and Loss Ratio (UGX Billion and %), 2013-2022
- Figure 56: Ugandan Miscellaneous - Gross Written Premium (UGX Billion), 2013-2022
- Figure 57: Ugandan Miscellaneous - Penetration (%), 2013-2017
- Figure 58: Ugandan Miscellaneous - Penetration (%), 2017-2022
- Figure 59: Ugandan Miscellaneous - Earned Premium, Incurred Loss and Loss Ratio (UGX Billion and %), 2013-2022
- Figure 60: Ugandan Reinsurance - Premium Ceded by Insurance Segment (UGX Billion), 2013-2022
- Figure 61: Ugandan Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
- Figure 62: Ugandan General Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
- Figure 63: Ugandan Overall Insurance Segment - Market Share of Top Insurers (%), 2017
- Figure 64: Ugandan Life Insurance Segment - Market Share of Top Life Insurers (%), 2017
- Figure 65: Ugandan General Insurance Segment - Market Share of Top General Insurers (%), 2017
- Figure 66: Uganda - Insurance Supervision and Control at Various Levels
- Figure 67: Uganda - Insurance Regulatory Frameworks for Company Registration and Operation
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Jubilee Insurance Company Ltd
- UAP-Old-Mutual Insurance Uganda Ltd
- UAP-Old-Mutual Life Assurance Ltd
- Britam Insurance Company Ltd
- Liberty Life Assurance Ltd
- Lion Assurance Company Ltd
- Sanlam General Uganda Ltd
- ICEA Life Assurance Company Ltd
- Sanlam Life Insurance Ltd
- Jubilee Life Insurance Company Ltd
