The role of the insurance regulatory authority of Uganda in regulating the insurance industry
Loading...
Date
2019-07
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University,School of Law
Abstract
The study is focused on the role played by the insurance regulatory authority on regulation of the insurance industry in Uganda. The insurance regulatory authority has a number of employees and several of them were selected as representative samples. A number of insurance companies were also selected to help in my research. The study sought to find out the role of the insurance regulatory authority in regulation of the insurance industry in Uganda and whether it has carried out its mandate according to the law and required standard. Descriptive research survey was used. The research design employed was purposive random sampling to select members of the insurance regulatory authority of Uganda and a few insurance companies. The findings revealed that the role of the insurance regulatory authority of Uganda had played a significant role in regulation of the insurance industry of Uganda. The study revealed that there was more need to educate consumers on their role and to increase on its mandate so that the insurance companies do not over exploit the consumers to their own advantage.
Description
A dissertation submitted to the School of Law in partial fulfillment of the requirement for the award of Bachelor of Laws of Kampala International University
Keywords
insurance, regulatory authority, Uganda