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GoldStar Insurance Co Ltd has published its YE 2020 financial results, showing profitability up 236% on 2019. Net asset position, solvency ratio and liquidity ratio all improved, despite paying out claims in excess of UGX 16 billion during the year.
GoldStar Insurance has stood out among insurers in Uganda by clinching the most coveted International Organisation for Standardisation certification, becoming the first insurance company in the country to be awarded ISO 9001:2015.
Global Credit Ratings (GCR) has reaffirmed GoldStar Insurance Company Limited's national scale financial strength rating, underscoring the company's continued financial stability and its ability to meet policyholder obligations.
Management and staff congratulate GoldStar's chairman, Dr Sudhir Ruparelia, on being named East African Leader 2018, a top business accolade voted for by The East African Book of Records.
The Board of Directors is pleased to announce the appointment of Mr John Kawuma as the new Deputy Managing Director at GoldStar Insurance Co Limited.
Mr Azim Tharani, Managing Director of GoldStar Insurance, talks about how the company is engaging with the oil and gas industry and the importance of consortiums in pushing for government support.
The Insurance Regulatory Authority of Uganda has announced the reinstatement of the cash and carry regulations under the Insurance Act 2017, requiring premium to be paid in full on or before the policy date or renewal.
Our offices remain operational but unable to accept visitors due to COVID-19 restrictions. Service continues with limited interruption, including doorstep delivery of motor stickers. Speak to our motor representative on 041 4 250 110 or 0752 711 972.
Please note that our offices on Kampala Road will be closed from midday Friday 17 December 2021, re-opening on Monday 20 December as usual.
It is with deep grief that management and staff inform the public of the passing of our beloved Babirye Norine, who joined GoldStar in 2014 and served diligently until her passing. Our condolences go to Norine's family and friends.
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