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The Insurance Regulatory Authority (IRA) has released the Ugandan market data for the first quarter of 2025.
Turnover reached 571 billion UGX (154.9 million USD), up 12.51% on the 507.5 billion UGX (129.9 million USD) recorded in the same period of 2024.
Premium volume is broken down as follows:
Figures in thousands| Branches | Q1 2025 premiums | Q1 2024 premiums | Evolution | Market share | ||
|---|---|---|---|---|---|---|
| UGX | USD | UGX | USD | |||
| Non vie | 329 172 542 | 89 302 | 313 055 392 | 80 172 | 5.15% | 57.65% |
| Vie | 215 946 950 | 58 585 | 172 262 380 | 44 116 | 25.36% | 37.82% |
| Organismes de santé (HMO) | 24 946 528 | 6 768 | 21 983 879 | 5 630 | 13.48% | 4.37% |
| Micro-assurance | 930 945 | 253 | 211 011 | 54 | 341.18% | 0.16% |
| Total | 570 996 965 | 154 908 | 507 512 662 | 129 972 | 12.51% | 100% |
