Tag Archives: Embattled

BIG FALL, ROT EXPOSED! Embattled CIC Life Insurance Hit With Licence Suspension, Customers Panic

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In a dramatic regulatory shake-up that has sent shockwaves through Uganda’s insurance sector, the Insurance Regulatory Authority (IRA) has suspended the licence of CIC Africa Life Assurance Limited, stopping the company from signing up any new customers effective 7th November 2025. In a strongly worded public notice, the Authority warned Ugandans NOT to seek new life insurance products from the …

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