Uganda: Insurance Sector Expects Shs248b Dip in Premiums

Uganda's insurance industry could register a 50 per cent decline in premiums owing to the Covid-19 pandemic, preliminary indicators by the Insurance Regulatory Authority (IRA) have shown.

According to a report released by IRA on Tuesday, the insurance industry, like other sectors, has been battered by Covid-19 with the impact expected to be felt in the second quarter ending June.

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