Browsing: Tanzania Insurance Industry

The insurance industry in Tanzania is poised for growth and has the potential to pocket more markets over time.  

The industry has gained vital milestones as the Tanzanian Insurance Regulatory Authority (TIRA) argues that the country has continued to play its strategic role in the national economy by providing underwriting capacity, making appropriate compensation against risks and contributing towards mobilization of financial resources for Tanzania’s sustainable economic development. 

In 2019 former insurance regulator Dr. Baghayo Saqware noted that essential reforms were underway to i...

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