Magazine date:
Apr 2022 Non-life insurance company in Uganda: ranking per 2020 turnover
Figures in thousands| 2020 tunover | 2019 turnover | 2019-2020 evolution (1) | 2020 shares | |||
|---|---|---|---|---|---|---|
| In UGX | In USD | In UGX | In USD | |||
Jubilee Insurance | 162 447 737 | 43 861 | 155 474 720 | 41 978 | 4.48% | 24.46% |
UAP General | 136 514 418 | 36 859 | 111 102 766 | 29 998 | 22.87% | 20.55% |
Sanlam General | 75 535 962 | 20 395 | 82 729 921 | 22 337 | -8.70% | 11.37% |
Britam | 67 045 729 | 18 102 | 63 036 193 | 17 020 | 6.36% | 10.09% |
ICEA General | 26 403 895 | 7 129 | 24 044 444 | 6 492 | 9.81% | 3.98% |
Goldstar | 24 774 359 | 6 689 | 25 847 492 | 6 979 | -4.15% | 3.73% |
MUA Insurance | 21 169 042 | 5 716 | 20 025 984 | 5 407 | 5.71% | 3.19% |
NIC General | 20 697 236 | 5 588 | 18 456 492 | 4 983 | 12.14% | 3.12% |
CIC General | 18 465 275 | 4 986 | 21 694 753 | 5 858 | -14.89% | 2.78% |
Liberty General | 18 413 139 | 4 971 | 17 462 765 | 4 715 | 5.44% | 2.77% |
APA | 16 921 775 | 4 569 | 15 294 567 | 4 130 | 10.64% | 2.55% |
Alliance | 15 240 018 | 4 115 | 15 263 610 | 4 121 | -0.15% | 2.29% |
Swico | 15 028 332 | 4 058 | 15 010 136 | 4 053 | 0.12% | 2.26% |
Mayfair | 10 332 098 | 2 790 | 5 138 947 | 1 387 | 101.05% | 1.56% |
TransAfrica | 9 319 426 | 2 516 | 6 294 581 | 1 700 | 48.05% | 1.40% |
Excel | 9 314 240 | 2 515 | 9 159 093 | 2 473 | 1.69% | 1.40% |
PAX | 4 800 444 | 1 296 | 5 357 495 | 1 446 | -10.40% | 0.72% |
FICO | 4 589 725 | 1 239 | 5 269 358 | 1 423 | -12.90% | 0.69% |
GA Insurance | 4 272 700 | 1 153 | 2 307 816 | 623 | 85.14% | 0.64% |
AIG | 1 652 954 | 446 | 474 664 | 128 | 248.24% | 0.25% |
Rio | 1 358 131 | 367 | 1 279 021 | 345 | 6.19% | 0.20% |
Total non vie | 664 296 635 | 179 360 | 620 724 818 | 167 596 | 7.02% | 100% |
(1) Growth rate in local currency
Non-life insurance company in Uganda: ranking per 2020 turnover
Figures in thousands
| 2020 tunover | 2019 turnover | 2019-2020 evolution (1) | 2020 shares | |||
|---|---|---|---|---|---|---|
| In UGX | In USD | In UGX | In USD | |||
UAP Life | 59 902 961 | 16 174 | 53 412 533 | 14 421 | 12.15% | 18.47% |
Jubilee Life | 59 250 469 | 15 998 | 45 098 513 | 12 177 | 31.38% | 18.27% |
ICEA Life | 58 294 955 | 15 740 | 39 718 975 | 10 724 | 46.77% | 17.97% |
Prudential Assurance | 55 026 204 | 14 857 | 36 090 118 | 9 744 | 52.47% | 16.96% |
Liberty Life | 40 213 900 | 10 858 | 41 629 983 | 11 240 | -3.40% | 12.40% |
Sanlam Life | 32 912 880 | 8 886 | 39 823 226 | 10 752 | -17.35% | 10.15% |
Metropolitan Life | 8 827 050 | 2 383 | 10 076 715 | 2 721 | -12.40% | 2.72% |
CIC Life | 8 561 320 | 2 311 | 8 340 406 | 2 252 | 2.65% | 2.64% |
NIC Life | 1 365 352 | 369 | 2 131 155 | 576 | -35.93% | 0.42% |
Total vie | 324 355 091 | 87 576 | 276 321 624 | 74 607 | 17.38% | 100% |
(1) Growth rate in local currency
Exchange rate as at 31/12/2020 : 1 UGX = 0.00027 USD ; as at 31/12/2019 : 1 UGX = 0.00027 USD
Read also | Ugandan insurance market [4]
