MUA Insurance (Uganda) Limited (MUA Uganda) was established in 2003 as Phoenix of Uganda Company Limited and is licensed to underwrite general insurance business. Initially…
Grand Reinsurance Tanzania Limited (Grand Re Tanzania or the reinsurer) was licensed by the Tanzania Insurance Regulatory Authority (TIRA) in September 2021 to underwrite reinsurance…
Yard Insurance Limited (Yard) is a 100% black-owned and managed insurer that commenced operations in July 2019 as a specialist cell captive player. The insurer…
SanlamAllianz Life Insurance Tanzania Limited (SanlamAllianz Life Tanzania) was established in 2005 as African Life Assurance (Tanzania) Limited, and it established itself as a pioneering…
Liberty General Insurance Uganda Limited (Liberty General Uganda or the insurer) is a provider of short-term (non-life) insurance solutions, offering a diversified product suite tailored…
Liberty Life Assurance Uganda Limited (Liberty Life Uganda or the insurer), established in 2006, is a specialist life insurer providing a diversified range of life…
Compass Insurance Company Limited (Compass Insure or the insurer) is a wholly owned subsidiary of Hannover Reinsurance South Africa Limited (Hannover Re SA, or the…
Our assessment of Leadway Holdings’ earnings is positive to the rating. However, the performance of the core underwriting business during H1 2025 was constrained by…
The insurer’s earnings profile is sound, underpinned by good underwriting practices. In 2025, Staco reported improved underwriting profitability, largely driven by a significant reduction in…
WAICA Reinsurance Zimbabwe (Pvt) Limited (WAICA Re or the reinsurer) is a subsidiary of WAICA Reinsurance Corporation Plc (WAICA Re Group or the group), a…
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