Insurance Companies In Tanzania

Insurance Companies In Tanzania

An Insurance company is a company that creates insurance products to take on risks in return for the payment of premiums. Companies may be mutual (owned by a group of policyholders) or proprietary (owned by shareholders). (Also known as insurer or provider).

ASSEMBLE INSURANCE TANZANIA

Alliance Life Assurance

Britam Insurance Tanzania Ltd

FBN INSURANCE BROKERS LTD

Fortis Insurance Brokers Ltd

Howden Puri Insurance Brokers Limited

Imperium Insurance Brokers Limited

Jubilee Allianz General Insurance Company of Tanzania

Kangaroo Insurance Brokers Co. Ltd

LF Insurance Brokers Limited

MGen Tanzania Insurance Company Limited

MaxInsure Tanzania Limited

Minet Tanzania

NIC_Tanzania

Pan Oceanic Insurance Brokers Ltd

Phares Insurance

Reliance Insurance Company (T) LTD

Strategis Insurance Tanzania Limited

Thamani

Toplis & Harding

UAP Insurance Tanzania Ltd

Zanzibar Insurance Corporation

Zurich Insurance Brokers EA Ltd

How many insurance companies are there in Tanzania?

As of June 2023, there are 33 insurance companies licensed to operate in Tanzania, 1 takaful company, and 3 reinsurance companies.

What is the role of TIRA in Tanzania?

The findings revealed that the role of TIRA on insurance developments mainly involved regulatory role, supervisory role, monitoring role and other roles played by TIRA to ensure a stable industry thrives.