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Insurance brokers in Uganda look into risks in oil, gas sector

April 8, 2014 - 6:00am

Uganda's insurance brokers are eyeing opportunities that are likely to come up in the new oil and gas sector, The Observer reported.

Following the discovery of huge oil deposits in the country's Albertine region, brokers are being trained to guard against the risks in the oil industry.

Maurice Amogola, chairman of the Uganda Association of Insurance Brokers, said "we expect many risk-assessment jobs to be created in this sector."

Meanwhile, insurance uptake in the corporate sector has improved.

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