Home Business UAP beats CIC to claim top spot in general insurance

UAP beats CIC to claim top spot in general insurance

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Business Daily | by Patrick Alushula


UAP Insurance Company has overtaken CIC and APA insurance firms to become the top general insurer as measured by the amount of gross written premiums.

Latest data from the Insurance Regulatory Authority (IRA) shows that UAP closed last June with a market share of 8.3 percent, climbing from the fourth position it occupied in previous similar period.

The jump in market share was from 7.1 percent it had in June 2019 and came on the back of UAP’s gross written premium growing by 17 percent to…

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