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TIRA's Target to Increase Insurance Contribution to GDP to 5% by 2050

Habari mpya za fedha Tanzania · maelezo ya TIRA's Target to Increase Insurance Contribution to GDP… · imesasishwa 11 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji

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Muhtasari

  • Formal employment in the insurance sector increased from 3,189 in 2019 to 7,206 in 2025, while the sector’s contribution to the country’s Gross Domestic Product (GDP) rose from 1.55 per cent in 2019 to 2.11 per cent in.
  • According to Dr Saqware, the number of insurance service providers increased from 800 in 2019 to 2,444 in 2025.
  • The number of insurance users also increased from 8.4 per cent in 2019 to 38.6 per cent in 2025, representing an increase of more than 30 percentage points over the five-year period.
  • The National Insurance Inclusive Strategy (NIIS) 2024- 2030 is anchored in the country’s long-term development frameworks, including Dira 2050.
  • It also builds on earlier reforms, including the Microinsurance Regulations of 2013, while aligning with the Financial Sector Development Master Plan 2020/21–2029/30 and the National Financial Inclusion Framework III.

Nukuu za habari mpya na vyanzo: TIRA's Target to Increase Insurance Contribution to GDP…

dailynews.co.tzSoma zaidi

TIRA has set a longer-term target of increasing the contribution of insurance to GDP to five per cent by 2050, a target that will require continued expansion of the market, greater public understanding and stronger participation across the country.

Uliza chochote kuhusu mada hii — mfululizo, athari, wahusika, au uhusiano na Tanzania.