Gross Written Premiums Overview

UGX. 1.4 Tn in Gross Written Premiums (GWP) flowed through the Ugandan economy in FY/22. 

Claims Overview

UGX 605.7 Bn was paid out in Gross Claims in FY/22. An average of Ugx. 1.6 Bn was paid out per day. 

Workforce Overview

The Insurance Industry is employing 6,230 Ugandans.

Top 5 product lines by GWP

1. Medical - 19.59%

Premiums Collected - UGX 274.7 Bn

Claims Paid - UGX 237.9 Bn

1. Individual Life - 16.99%

Premiums Collected - UGX 238.2 Bn

Claims Paid – UGX 86.8 Bn

1. Motor (P+C) - 12.86%

Premiums Collected - UGX 180.4 Bn

Claims Paid - UGX 71.1 Bn 

1. Fire (D+I) - 10.40%

Premiums Collected - UGX 145.9 Bn

Claims Paid - UGX 56.7 Bn

1. Engineering - 19.59%

Premiums Collected - UGX 94.0 Bn

Claims Paid - UGX 16.5 Bn

Source: This is an excerpt from the UIA 2022 Annual Report - Our member strength in numbers as per UIA unaudited figures as at 31. Dec. 2022.