This report presents the main findings of UNDP’s inclusive insurance and risk finance country diagnostic for Uganda. It sets out key risks, the current inclusive insurance and disaster risk finance landscape, and recommendations to advance inclusive insurance, risk finance and development.

Uganda’s top risks include drought, flooding and earthquakes. The inclusive insurance market is underdeveloped, but new microinsurance regulations are being drafted. No comprehensive disaster risk finance strategy is in place and the country relies on ex-post disaster financing mechanisms.

Recommendations include supporting the creation of an improved definition of microinsurance; developing actuarial capacity; strengthening data collection; and developing a disaster risk finance strategy.