CRDB Insurance board proposes Sh1.5bn dividend payout after Sh4.4bn net profit
Tanzania, May 4 -- Dar es Salaam. The board of CRDB Insurance Company has proposed a dividend of Sh439 per share following improved financial results for the year ending December 31, 2025.
The proposal amounts to a total payout of Sh1.5 billion, subject to approval by shareholders.
The company reported a profit after tax of Sh4.4 billion, supported by growth in core business lines. Gross Written Premium (GWP) rose to Sh55.7 billion, more than double the previous year's figure, driven largely by motor, credit guarantee and fire insurance segments.
Profit before tax stood at Sh6.1 billion. Total assets increased to Sh44.6 billion, while shareholders' funds reached Sh10.3 billion.
Managing Director, Mr Wilson Mnzava, said the results ref...
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