UAP OLD Mutual Uganda records biggest market profit share
From the financial statements released as of December 2021, UAP Old Mutual was the leading insurance company in terms of revenue. They had shs152 billion in gross written premium, a summation of both their General and Health insurance businesses.
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UAP OLD Mutual Uganda Managing Director, Stephen Chikovore. Courtesy photo
By NewVision Reporter
Journalists @NewVision
In a country where insurance penetration has lingered below the 1% mark for years, you would not be wrong to wonder if the insurance companies in that market are operating