The Uganda Insurance Regulatory Authority has invited foreign reinsurers and reinsurance brokers to apply to renew their accreditation for 2026, noting that current accreditations expire on 31 December 2025 and that renewal applications must be submitted by 31 August 2025. Renewal submissions must include a fully signed application form, the latest credit or financial strength rating for reinsurers, confirmation of regulatory compliance for the current period, audited financial statements for 2024, a matrix of business conducted with the Uganda insurance industry in 2024, and proof of payment of accreditation fees of USD 7,500 for reinsurance brokers and USD 12,500 for reinsurance companies, with payments made net of bank charges. The Authority also requested confirmation of regulatory compliance for the preceding year by 31 January 2026 and asked firms to adhere to the stated timelines to allow renewals to be processed in time.
Uganda Insurance Regulatory Authority 2025-06-30
Uganda Insurance Regulatory Authority sets 31 August 2025 deadline for foreign reinsurers and brokers to renew 2026 accreditation
The Uganda Insurance Regulatory Authority invites foreign reinsurers and brokers to apply for accreditation renewal for 2026, with current accreditations expiring on 31 December 2025. Renewal submissions require a signed application, financial documents, compliance confirmation, and payment of accreditation fees of USD 7,500 for brokers and USD 12,500 for companies. The Authority emphasized adherence to timelines for timely processing.