Decline in the performances of the market

A recent poll has shown that only 6% of the population is holding an insurance policy, a number that dwindles down to 3% in rural areas. According to same source, the sector has reported a performance decrease of 8% in 2006. the overall premium volume amounts to 51 billion UGX (29.9 million USD) in 2006. In a move designed to curb the falling trend, the Uganda Insurers' Association (UIA) has launched a three-month awareness-raising campaign targeting, in particular, rural populations.

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