Uganda Re

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DATE OF CREATION: 6 mai 2013, Uganda
CLASS OF BUSINESS: Life and non life
MAIN UNDERWRITING ZONE: Africa

Uganda Re: contact

Address: Plot 19, Baskerville Avenue P.O. Box 7371 Kampala, Uganda
Tel: +256 417 117 860
Email: info [at] ugandare [dot] com / hmotara [at] ugandare [dot] com
Website: www.ugandare.com

Uganda Re: rating

AgencyRatingOutlook
GCRA (National business)Stable

Uganda Re: main indicators

in thousands USD
 20182019
Turnover9 05513 644
Shareholder’s equity7 6949 195
Net result1 3811 499

Uganda Re: turnover by class of business

in thousands USD
 2019 premiumsIn %
Health4 74734.79%
Fire3 43125.14%
Engineering1 1028.08%
Marine5554.07%
Motor4283.14%
Other risks2 64819.41%
Total non life12 91194.63%
Life7335.37%
Grand total13 644100%

Uganda Re: capital and shareholding

ShareholdersIn %
Local insurers49.08%
Regional reinsurers43.82%
Local insurance brokers5.57%
Local private investors1.53%
Uganda-re-capital-and-shareholding

Uganda Re: technical ratios

 20182019
Loss ratio50%55%
Management expenses ratio36%41%
Combined ratio86%96%

Uganda Re: management

Patrick BitatureChairman of the board
Ronald MusokeChief executive officer
Andrew KawuziHead of technical operations
Racheal NaggayiHead of financial operations

Exchange rate as at 31/12/2018: 1 UGX = 0.00027 USD; as at 31/12/2019: 1 UGX = 0.00027 USD

Source: Uganda Re

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