Tanzania, May 26 -- Dar es Salaam. Tanzania's insurance industry is positioning itself as one of Africa's emerging high-growth markets as firms intensify investment in innovation, digital transformation and regulatory compliance to expand financial protection and attract new investment.

Industry stakeholders say the ongoing reforms are strengthening the sector's resilience against global economic uncertainties while creating opportunities for broader insurance penetration across the country.

Speaking during the awards organised by the Association of Tanzania Insurers yesterday, Tanzania Insurance Regulatory Authority (Tira) commissioner, Dr Baghayo Saqware, said the future of the sector would depend on innovation, ethical leadership, cu...