Insurance Market in Uganda: Global Trends, Industry Analysis, Drivers, Opportunities and Forecast to 2018

Synopsis

The report provides in-depth industry analysis, information and insights of the insurance industry in Uganda, including: The Ugandan insurance industry's growth prospects by insurance segments and categories

The competitive landscape in the Ugandan insurance industry

The current trends and drivers of the Ugandan insurance industry

Challenges facing the Ugandan insurance industry

Detailed regulatory framework of the Ugandan insurance industry

Executive Summary :

The Ugandan insurance industry recorded a CAGR of 18.8% during 2009–2013. The healthy growth in the industry was due to the strong performance of the personal accident and health insurance segment, which registered a review-period CAGR of 22.1%. This was followed by the life and non-life segments, with respective CAGRs of 21.8% and 17.2%. A strengthening economy and rising exports are expected to support the growth of the insurance industry.

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Scope :

This report provides a comprehensive analysis of the insurance industry in Uganda:

• It provides historical values for the Ugandan insurance industry for the report’s 2009–2013 review period and forecast figures for the 2013–2018 forecast period.

• It offers a detailed analysis of the key segments and categories in the Ugandan insurance industry, along with forecasts until 2018.

• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions.

• It profiles the top insurance companies in Uganda, and outlines the key regulations affecting them.

Key Highlights :

• Non-life insurance accounted for 64.2% of the total insurance industry’s written premium in 2013. This is followed by the personal accident and health with a share of 24.6% and life with a share of 11.2% in...