Tanzania Insurance Report Q2 2018
The/Insurance/Q2 2018 sector is set for double-digit growth from 2018, albeit from a low base. The key driver will be the dominantnon-life segment, with the property segment showing the strongest rate of growth. Rising car ownership should also stimulate non-life premiums, while the health/Insurance/Q2 2018 sector will be boosted by the introduction of a mandatory health/Insurance/Q2 2018 system.Transport/Insurance/Q2 2018 should benefit from investment in road, rail and port infrastructure. However, recent policies to bolster taxrevenues by the Tanzanian government through stricter enforcement and rising regulatory uncertainty risk are undermining thecountry's attractiveness as an investment destination. While our core view for the country remains bright, a continued uptake ofsuch policies could threaten long-term growth prospects.
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