The Significance of Insurance Laws to Development in Uganda: A Case Study Kampala District
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Date
2017-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, bachelors degree of laws
Abstract
This research sought to investigate insurance industry and the significance of its laws and
regulations to development in Uganda. The objectives of the research were to review the
Insurance Regulatory Body and to come up with effective mechanisms that can be utilized by
Regulatory body and Authority of Uganda and other professional associations in monitoring and
supervising insurance industry. The researcher looked at literature review in the domain of the
industry and regulation. The review brought fouth various challenges such as the cock of an
efficient information sharing system, inadequate funding of IRA, insurer's rates under cutting
practices, weak financial basis among others. It was this recommended inter alia that the IRA,
impress the use of ICT in its monitoring and its supervisory work and insurers strengthen their
financial stability.
Description
A Dissertation Submitted In Partial Fulfillment of the Requirements for the Award of the Degree of Bachelors of Laws of Kampala International University
Keywords
Insurance Laws, Development in Uganda