Regional insurers root for harmonised policies to boost growth

From left to right: Kenya Insurance Regulatory Authority Geoffrey Kiptum, Chairman of East African Insurance Supervisory Association (EAISA) Ibrahim Kaddunabbi and Uganda Insurance Regulatory Authority Hope Murera. [Standard]

East African countries are working on the harmonisation of policies to hasten the growth of the insurance industry, East African Insurance Supervisory Association (EAISA) Chairman Ibrahim Kaddunabbi has said.  

He noted that the contribution of the insurance sector to the region’s Gross Domestic Product (GDP) was still low.