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Tanzania Insurance Q2 2019

Tanzania Insurance Q2 2019

Key View:

Economic improvements paired with growth in car ownership, the introduction of a mandatory health insurance systemand investment in real estate and infrastructure are expected to help maintain double-digit growth in Tanzanian life and non-lifeinsurance premiums in 2019 and beyond. The requirement that importers use domestic insurers to insure goods being transportedinto Tanzania is expected to help limit externalisation of insurance and boost transport premiums, particularly at a time of increasedroad construction. Risks include rising taxation and the threat of a trade war with Kenya, but our core view for the country remainsbright.

Key View
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Sub-Saharan Africa Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
African Life
National Insurance Corporation
Insurance Methodology

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