Tanzania’s Commissioner of Insurance, Dr Baghayo Saqware, has highlighted the significant opportunities in the insurance sector arising from growing demand and favourable business conditions. Speaking at the 2024 Annual Insurance Day, hosted over the weekend by the Insurance Institute of Tanzania in collaboration with the Tanzania Insurance Regulatory Authority (TIRA) and other stakeholders, he said that the […]

A survey by the global information and insights company TransUnion shows a generational divide in life insurance coverage with 83% of millennials having life insurance compared to only 65% of Baby Boomers. This suggests younger people may be more proactive about securing life insurance early on, while older individuals might either have different financial priorities […]