Tanzania · East Africa · class L

Life insurance companies in Tanzania

6 licensed life insurers, 15% of the 40 insurance entities supervised by the Tanzania Insurance Regulatory Authority. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
Alliance Life AssuranceLLifeAlliance GroupDomestic privateTIRAVerified
Bumaco Life InsuranceLLifeIndependentDomestic privateTIRAVerified
Jubilee Life Insurance TanzaniaLLifeJubilee HoldingsPan-African groupTIRAVerified
Metro Life InsuranceLLifeIndependentDomestic privateTIRAVerified
NIC LifeLLifeGovernment of TanzaniaState-owned / parastatalTIRAVerified
Sanlam Life Insurance TanzaniaLLifeSanlam AllianzPan-African groupTIRAVerified

About life insurers in Tanzania

How many life insurers are licensed in Tanzania?

6 of the 40 licensed insurance entities in Tanzania are classified as life (15%), according to the TIRA register as reflected in this directory (verified - full register).

Who regulates life insurers in Tanzania?

Tanzania Insurance Regulatory Authority (TIRA), under Insurance Act 2009. Official website: https://tira.go.tz.

Are the life insurers in Tanzania locally or foreign owned?

2 of 6 belong to pan-African or foreign multinational groups (including Jubilee Holdings, Sanlam Allianz), 1 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/tanzania.json (filter byclass = "life"). Licence CC BY 4.0, attribute KAFS North America.