Reinsurance Companies In Tanzania
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on (“cedes”) some part of its own insurance liabilities to the other insurance company.
Reinsurance Companies In Tanzania
Below is the list of Reinsurance Companies In Tanzania
Reinsurance Companies
1 Tan-Re
2 Grand Re
3 PanAfrique Re
Reinsurance Companies Accredited in Tanzania
Allianz Global Corporate & Specialty SE
Cica-Re
Constantia Insurance Company Limited
Continental Reinsurance Limited
East Africa Reinsurance Company
Factory Mutual Insurance Company
Ghana Reinsurance Company(Kenya) Limited
Grand Reinsurance Company Private Limited
Guardrisk Insurance Company Limited
Guardrisk International Limited Pcc
International General Insurance Co. Ltd
Mapfre Asistencia, Campania De Seguros Y Reaseguris, S.A
Munich Reinsurance Company of Africa Ltd
New Reinsurance Company Limited
Ocean International Reinsurance Company Limited
Optimum Global Insurance Company Limited
Rochester Reinsurance PLC
Santam Limited
Score Se
Swan Reinsurance PCC
The Hollard Insurance Company
Waica Reinsurance (Kenya) Limited
Who is leading insurance company in Tanzania?
In 2022, the National Insurance Corporation (NIC) was the insurance company with the highest level of customer satisfaction in Tanzania. As many as 86 percent of customers reported that they were content with the services provided.
How many reinsurance 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.
How big is the insurance market in Tanzania?
The gross written premium of the Tanzania insurance market was TZS974. 6 billion ($417.2 million) in 2021. The market is expected to achieve a CAGR of more than 8% during 2021-2026.