Growth of Tanzania's insurance market
The Tanzania Insurance Regulatory Authority (TIRA) has issued takaful guidelines to be implemented in May 2022.
Insurers are now bound to comply with all requirements when marketing a takaful product and comply with Sharia law.
TIRA also introduced guidelines regarding the insurance sales force and the digitalization of the industry.
These initiatives aim to improve insurance penetration and generate new jobs.
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Tue, 19/04/2022 - 13:23
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