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Man has been in trouble for a long time because of his otherwise good servants such as fire, water and motor vehicle (Mother Nature knows why) have daily turned into merciless creatures-infernos, tsunamis and accidents, which devour him! Mr. Merciless Fire, Sr. is just one case, but perils are ubiquitous, ready to ruin.

(EAISA) in group photo after the meeting

Members of Technical and Legal Committees of East Africa Insurance Supervisory Association (EAISA) in group photo after the meeting held recently at Jangwani Hotel in Dar es salaam. The committees developed procedures, rules and technical issues for insurance supervision in East African countries.

Peer Review of EAC Member States

Members of the East African Insurance Supervisors Association (EAISA)display to the media (not in picture) a full report on “Peer Review of EAC Member States compliance with International Core Principles”. From right to left are Regulators from Burundi (Audace Nsabimana), Tanzania (Israel Kamuzora), Uganda (Alhaj. Kaddunabbi Ibrahim), Kenya (Sam Makove) and a Representative from Rwanda (Kagaba Sangano).

OUR VALUES

"Professionalism, Integrity, Accountability & Transparency, Team work, Consistency and Respect"

OUR VISION

"A skilled, efficient and credible insurance industry."

OUR MISSION

"To develop, promote and maintain an efficient, fair, safe and stable insurance market for the benefit and protection of policy holders." 

The Authority Establishment

The  Authority is established under the the Insurance Act No.10 of 2009 as Follows:-

  • There is established a body to be known as the Tanzania Insurance Regulatory Authority.
  • Subject to the general supervision of the Minister,the Authority shall be charged with the responsibility of coordinating policy and other matters relating to insurance in the United Republic.
  • The  Authority shall be a body corporate with perpetual succession and a common seal and shall, in its corporate name, be:-
             (a) Capable of suing and being sued;
             (b) Capable of borrowing money,acquiring and disposing of property ;and
             (c) Capable of doing all other things which a body corporate may lawful do.
 

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