News Africa23 May 2024

Tanzania:Life insurance business grows faster than dominant non-life segment in 1Q2024

| 23 May 2024

The insurance industry in Tanzania has posted a total Gross Written Premiums (GWP) of TZS379.40bn ($146.2m) in the first three months of 2024, an increase of 13.6% compared to TZS333.8bn in the corresponding quarter of 2023, according to data released by the Association of Tanzania Insurers (ATI).

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