The insurance sector in Tanzania is regulated by the Tanzania Insurance Regulatory Authority (TIRA), whose functions are;
Registration of insurance agents;
Registration of insurance assessors and loss surveyors;
Registration of insurance brokers;
Registration of insurance companies;
Registration of Reinsurance companies;
Inspection of all insurance players;
Handling insurance complaints from the public; and
Creation of insurance awareness to the Public.
Tanzania has launched TIIP, the country’s official Imports/Exports Insurance marketplace that enables Tanzanian importers and exporters, their brokers and trading partners overseas, to purchase marine…
On 11th December 2017, the Tanzania Insurance Regulatory Authority (TIRA) issued a circular setting new conditions for dealing with foreign reinsurers and reinsurance brokers on reinsurance…
The President of Tanzania, Hon. Dr. John Pembe Magufuli, has appointed Dr. Baghayo Abdallah Saqware Commissioner of Insurance of the Tanzania Insurance Regularity Authority (TIRA)…
TanzaniaInvest had the pleasure of interviewing Israel Kamuzora, Commissioner General of the Tanzania Insurance Regulatory Authority (TIRA), in charge with coordinating policy and other matters…
Tanzania has been recently named by Ernst & Young (EY) as one of the most attractive markets in Sub Saharan Africa (SSA) in terms of…
Sanlam Group (JSE:SLM), a South Africa based provider of life and general insurance and financial services with focus on emerging markets, has recently announced the…
The Tanzania insurance sector is growing steadily, with 30 insurance companies and 112 insurance brokers currently active in the market (2014 TIRA data).
TanzaniaInvest conducted a Q&A session with Stephen Okundi, CEO of Real Insurance Tanzania, to discuss the Tanzania insurance sector and Real’s positioning and ambitions in…
The new insurance policy named Homesure is a personal insurance policy that targets growing income earners in Tanzania who are investing in their homes. Unveiling…
The National Bank of Commerce (NBC), one of the largest retail banks in Tanzania, has launched its Free Credit Life Assurance (Loan Insurance). Speaking at…