The Insurance Regulatory Authority  has called on the  business investors  to put  more  capital in the insurance sector to maximize returns basing on the low insurance penetration in the country. The Executive Director Insurance Regulatory Authority of Uganda Ibrahim Lubega Kaddunabi  made the call while speaking at  the Opening the 8th banking, finance and insurance expo 2016 at Golf course hotel in Kampala. Kaddunabi Lubega said that although the insurance sector has grown at the average of 18% in the last five years, 86 % is still underserved and underinsured. He said that the insurance sector is now one of the businesses where the investors can put their money and get a lot of returns in times of profit. He added that insurance companies should put on market the public demanded policies and the payment of policy holders is done on time.

Kaddunabi also noted that the ministry of finance tabled the insurance bill before parliament with the intention to guide the operations of insurance in this country.

The two days expo organized by Royalway media under the theme ”New ventures for finance and insurance for  players to enhance performance”  gives an opportunity to the stakeholders in the financial sector to share knowledge and experience into the current operations and future of the financial sector in the country.