The Tanzania Insurance Regulatory Authority (TIRA) has discussed the establishment of a regulatory sandbox for the insurance sector to support the safe testing of new innovations.
AXA Health International has announced a new collaboration in Tanzania with Alliance Insurance Corporation and MIC Global Risks, as it expands in the country.
Howden has announced leadership appointments and regional structure changes to better serve clients and insurer partners. According to a statement from the firm, these changes will more closely align expertise and shape the business to bring all of its growing capabilities and talent to clients across regional borders.
The Government of Tanzania has commenced the country's Universal Health Insurance Scheme, also known as Bima ya Afya kwa Wote. It came into effect on 26 January 2026.
Insurance premiums written in the insurance market increased to TZS1.42tn ($565.7m) in 2024 from TZS911.5bn in 2021, equivalent to a growth of 55.6% over the four years, averaging an annual increase of 11.7%, according to a report released by the Tanzania Insurance Regulatory Authority (TIRA).
The Tanzania Insurance Regulatory Authority (TIRA) has released an outline of its strategic priorities for 2025/26-2026/27, including measures to strengthen regulation, expand coverage and support the insurance sector.
The Tanzania Insurance Regulatory Authority (TIRA) has issued a notification, directing that all energy-related insurance risks must be directly underwritten through the Tanzania Energy Coinsurance Consortium (TECC).
The insurance market chalked up premium income of TZS1.2tn ($451m) in 2023, rising by 9% from TZS1.1tn in 2022, according to data from the Tanzania Insurance Regulatory Authority (TIRA).
Tanzania Reinsurance Company (TAN RE) has a track record of strong operating performance, evident by a return-on-equity (RoE) ratio that exceeded 10% in each of the past five years, says AM Best in a report.
The government is conducting feasibility studies focused on legal procedures, operations and the cost of establishing a national agriculture insurance scheme.