Bancassurance premiums hit UGX 170 billion in 2023

Financial institutions are casting their net further into the insurance business through bancassurance, where growth in premiums has now reached 170 billion in 2023. Officials at Standard Chartered Bank and insurance firm Prudential attribute these numbers to hedging against risk and growing innovations, which have helped the bancassurance market increase by about 20%. #NTVNews #NTVTonight #NTVWeekendEdition Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Connect with us on Messenger via m.me/NTVUganda