Compulsory Local Marine Insurance to boost economic growth

Effective February 1, 2025, all importers will be required to insure their cargo using local companies.

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Compulsory local marine insurance presents immense benefits not only for importers but the country at large. (Courtesy photo)
NewVision Reporter
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#Local Marine Insurance #Economic growth

The Uganda Insurers Association (UIA) has said adoption of compulsory local marine insurance starting next year will help drive the growth of Uganda’s economy.

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