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Olea Insurance expands into Uganda with Ballpark Insurance Group stake
Deal to buy Ugandan firm is latest move by French insurance broker to expand its African footprint, which now spans 25 countries
November 8, 2023
Energy, Oil & Gas
Oil boom brings insurance into focus
Insurance company Aon plc’s director Neil Genders said the bulk of risks involved are “high and scary” but the prospects are lucrative.
April 25, 2018
Markets
CMA approves CIC Insurance shares offer to Saccos and cooperatives
The insurer is seeking to raise Shs7.25 billion in a public offering that will run to 14 April, 2017. It is offering 724,900 ordinary shares at Shs10,000 per share to Ugandan saccos and cooperatives.
November 1, 2016
Companies
Markets
CIC Insurance aims to raise Shs7.25bn in share offering to cooperatives and saccos
CIC Africa Insurance (Uganda) Ltd is offering 724,900 shares to cooperatives, unions, and savings and credit cooperative societies based in Uganda, the insurer said in a statement. The ordinary shares will cost Shs10,000 each.
October 18, 2016