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Important growth for the life market

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Magazine Issue: 
Assessment and perspectives [3]
Magazine date: 
Jan 2012

The Tanzanian life market has witnessed a 40% growth in 2010, that is, twice the one reported by non-life business. This is thanks to a successful awareness-raising campaign of the population about the products and covers fitting their needs. Life insurance is dominated by African Life Assurance. The insurance penetration rate in Tanzania is of 1%.

Thu, 18/04/2013 - 10:30

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