Goldstar Insurance Co. Ltd

Goldstar is one of the leading Insurance Companies in Uganda. We provide all types of General Insurance services to industrial, commercial, professional firms, Government institutions, individuals and other enterprises throughout Uganda.
AA (Financial Strength)

Global Credit Rating Co

UGX 65bn

Claims Paid:
in the last 5 years

389.1%

International Solvency Ratio: in 2022

157%

Liquidity Ratio:

in 2022

278%

Capital Adequacy Ratio:

in 2022

UGX 69.2 billion
Total Assets:

in 2022

Our purpose

In an uncertain world, Goldstar is an insurance leader, committed to keeping up with the ever changing needs of our customers, and anticipating their needs for the future. There is no stronger testament to our dedicated support from our local team and continued innovation.

Our strategic priorities

We aim to be the leading and most respected insurance company in Uganda. We will achieve this by focusing on the needs of our customers and our society, thereby delivering long-term sustainable value to all our stakeholders. Our guiding principle has always been to ensure we have a strong and solid financial base to ensure we meet our obligations to customers.

Four Pillar Foundation
  • Strong and solid financial base
  • Sound reinsurance Support and backing
  • Prudent underwriting
  • Professional, experienced and highly skilled staff
Our Vision

“To be an insurer of distinction, renowned and respected for unequaled customer service delivery”

Mission Statement

SAFEGUARD • STRENGTHEN • SERVE To safeguard all stakeholders’ interests, continue Strengthening our resources so as to be of Service to all.

Our Foundation Is Based On Four Pillars

1. Strong and solid financial base – we believe in maintaining capital reserves in excess of the minimum stipulated by the regulator to ensure we meet our financial obligations and keep our promises to our clients.

2. Sound reinsurance support and backing – we only use Reinsurers that are rated by reputable rating agencies to ensure our clients interests are protected

3. Prudent Underwriting – our aim is to ensure we build a sustainable business to ensure longevity and protection to our clients. Our focus is not just on top line production, our disciplined underwriting approach contributes to our solid financial foundation.

4. Professional, experienced and highly skilled staff – with strong local and international experience and insight, highly skilled management team and courteous staff, we remain one of the most preferred insurers in the country today.

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