Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

Financial strength and renewed confidence

Tweet [1] [2]
Magazine Issue: 
2005, a paradoxical year [3]
Magazine date: 
Jan 2006

According to the Uganda Insurance Commission (UIC), the insurance sector is reporting a financial soundness as well as a renewed confidence. The total volume of underwritten premiums has risen from 64.7 billion UGX (35.6 million USD) in 2003 - 2004 to 84.4 billion UGX (46.5 million USD) in 2004, that is, a 20% increase.
Property insurance (16 million USD), motor (13 million USD) and fire (7.9 million USD) account for the most underwritten classes of business.
The American group AIG tops the list with a premium volume of 10.1 million USD, followed by United Assurance (6.47 million USD) and Jubilee Insurance (5.4 million USD).

Wed, 05/06/2013 - 09:14

Source URL: https://www.atlas-mag.net/en/article/financial-strength-and-renewed-confidence

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Ffinancial-strength-and-renewed-confidence&text=Financial+strength+and+renewed+confidence
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Ffinancial-strength-and-renewed-confidence&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/2005-a-paradoxical-year