Non-life insurance companies recorded an increase in profit from Shs19.17b in 2019 to Shs23.77b in 2020, the latest sector report indicates. According to the insurance industry report for 2020, the industry asset base increased from Shs 551.8b to Shs 640.58bn representing a 16.1% growth. This signals the industry’s capability to absorb risks. Uganda’s insurance industry […]
