How reinsurance protects biggest assets

How reinsurance protects biggest assets

UAP Old Mutual Uganda MD Stephen Chikovore Kampala, Uganda | Insurance has evolved from simple community risk sharing to complex reinsurance, allowing insurers to spread large risks. But how are the continent’s largest projects protected? Isaac Khisa spoke with Stephen Chikovore, MD of UAP Old Mutual Uganda, and here is the excerpt. Insurance, at its core, is about managing risk. It works on the principle of pooling resources from many people so…