Uganda Reinsurance Company Limited commonly referred to as Uganda Re is a reinsurance company based in Kampala, Uganda. As of July 2022, it was the only locally registered, licensed reinsurer in Uganda. The company is privately owned.[1]
Overview
Uganda Re is the oldest and among two locally registered Reinsurers in Uganda with Kenya Re. The company was established in 2000. It began commercial operations in 2013. Under current Uganda insurance laws, Uganda Re is guaranteed 15 percent re-insurance business generated within Uganda.[1][2]
As of January 2020, there were four reinsurance companies operating in Uganda. These were (a) Zep Re (b) Africa Re (c) Kenya Re and (d) Uganda Re.[3]