To be among the most profitable Reinsurance Companies in Africa.
To provide sustainable reinsurance capacity and security in our markets through the use of dedicated staff and modern technology in the best interest of our customers, shareholders and other stakeholders
Our Core Values
Professionalism, Integrity and Customer Focus
Among the most profitable Reinsurance Company in Africa
Tanzania Reinsurance Company Limited (TAN-RE) is a reinsurance company providing a broad range of reinsurance products and services to clients in Africa and selected parts of Middle East and Asia.
From its domicile in the historical port city of Dar-es-salaam (‘Haven of Peace’) on the shores of the East African coast, TAN-RE effectively opened its doors for the writing of all classes of reinsurance business with effect from 27th January 2004. The Company has been registered to transact reinsurance business in respect of the following classes of insurance business.
TAN-RE is committed to its vision of becoming among the “Most Profitable Reinsurance in Africa" by providing sustainable reinsurance capacity.
AM Best has assigned TAN-RE a Financial Strength Rating (FSR) of B and a Long-Term Issuer Credit Rating
(ICR) of “bb+” with Outlook Stable.
GCR Ratings has affirmed TAN-RE’s national scale financial strength rating of AA- (TZ) and international B-
with Outlook Stable.
TAN-RE shall continually improve its Quality Management System (QMS) under the disciplines of ISO 9001 standards to develop and maintain the processes needed to produce superior quality service in the reinsurance industry, while complying with all applicable statutory and regulatory requirements
We help you reduce your risk exposure, free up capital to allow you write more business. Enabling you to achieve sustainable growth.
Commercial reinsurance business
We are a composite reinsurer offering a broad range of reinsurance products and services for both life and non-life business.
Inward reinsurance business
Providing sustainable treaty and facultative capacity and innovative solutions in all classes of business to our clients through the use of dedicated staff and modern technology.
Technical reinsurance assistance
We provide underwriting and claims handling expertise including risk surveys to our clients.
Training of personnel
We provide market technical training, Professional events sponsorship, and Training sponsorship to personnel working in the insurance sector.
Relationship with other re-insurers
We have developed an extensive network across Africa, the Middle East, and South Asia in order to serve our clients with an emphasis on trusted relationships.
Control of statistics
To provide various Insurance and Reinsurance statistics to our stakeholders.
Tanzania Reinsurance Company(TAN-RE) has posted a profit after tax of TZS 7,156,957,397 for the Financial Year ending December 2020 down from TZS 7,231,089,464 realized in 2019.
Read current and past TAN-RE report of financial statements.
Read current and past TAN-RE Directors Report and Annual Financial Statements
Summary of Performance
TAN-RE continues to grow year after year as the performance summary of the years shows.
Our Core Values
We adhere to high ethical principles and professional standards when we deliver our services to clients and partners.
We deliver our service in acceptable quality standards and timescales for all our clients and partners
We listen thoughtfully to generate impactful solutions to our clients and partners.