DAR ES SALAAM, Oct. 17 -- FROM protecting family savings and safeguarding businesses to cushioning economies against unexpected shocks, insurance is steadily emerging as a vital pillar of financial security.

Now, as Tanzanias insurance market expands and regional economies seek closer financial integration, the countrys chief insurance regulator has secured a leadership role that could help shape the future of the industry across Southern Africa.

The Commissioner of Insurance and Chief Executive Officer of the Tanzania Insurance Regulatory Authority (TIRA), Dr Baghayo Saqware was elected Vice-Chairperson of the Committee of Insurance, Securities and NonBanking Financial Authorities (CISNA) of the Southern African Development Community (...