Tanzania’s insurance sector poised for regional growth amid reforms
Tanzania Insurance Regulatory Authority (Tira) commissioner Baghayo Saqware (left) in conversation with the chairperson of the Association of Tanzania Insurers, Dr Flora Minja, during award ceremony on May 26, 2026. PHOTO | GADIOSA LAMTEY
Dar es Salaam. Tanzania’s insurance industry is positioning itself as one of Africa’s emerging high-growth markets as firms intensify investment in innovation, digital transformation and regulatory compliance to expand financial protection and attract new investment.
Industry stakeholders say the ongoing reforms are strengthening the sector’s resilience against global economic uncertainties while creating opportunities for broader insurance penetration across the country.
