Tanzania Reinsurance Company

What Tanzania Reinsurance Company does

Tanzania Reinsurance Company Limited (TAN-RE) is a privately held composite reinsurer domiciled in Dar-es-salaam, Tanzania, operating since 27 January 2004. The company provides treaty and facultative reinsurance capacity and security to insurance companies across Africa, the Middle East, and selected parts of South Asia, covering both life and non-life business across 12 insurance lines: Property, Engineering, Motor and Liability, Marine, Miscellaneous Accident, Medical, Aviation, Energy, Agriculture, D&O, PVT, and Life. Beyond capacity provision, TAN-RE offers technical services including underwriting assistance, claims handling expertise, risk surveys, market technical training (including the TAN-RE Academy), and statistical analysis support to cedents.

TAN-RE operates on a sales-led, direct-relationship distribution model targeting enterprise insurance-company clients. Revenue is generated through recurring and treaty-based reinsurance premiums with no public pricing disclosure; contract terms are negotiated individually. The company is regulated by the Tanzania Insurance Regulatory Authority (TIRA) and is operationally aligned with the Association of Tanzania Insurers (ATI), the Bank of Tanzania, and BRELA. It carries an AM Best Financial Strength Rating of B (Fair) (assigned October 2023), a GCR national scale rating of A(TZ) with Stable Outlook, a GCR international scale rating of B- with Stable Outlook, and ISO 9001 Quality Management System certification. Profit after tax grew from TZS 6.26B in FY2018 to TZS 16.54B in FY2024.

The platform is built on a reinsurance underwriting and risk management core with a horizontally segmented value proposition: providing capital relief, risk diversification, and sustainable growth enablement to primary insurers across multiple classes. The underlying technology footprint is not publicly disclosed in detail; the differentiator described is domain specialization across the composite product book rather than proprietary technology. The company is privately held with 11-50 employees, a single headquarters in Dar-es-salaam, and no disclosed subsidiaries, parent entities, M&A, or external funding rounds.

Name

Tanzania Reinsurance Company

Legal name

Tanzania Reinsurance Company Limited

Website

https://tan-re.co.tz

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Tanzania Reinsurance Company (TAN-RE) is a privately held composite reinsurer domiciled in Dar-es-salaam, Tanzania, providing treaty and facultative capacity across life and non-life lines to insurance companies in Africa, the Middle East, and Asia.

Ownership category

akta.pro rank

Product category

Reinsurance Services

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411)

akta.pro primary industry

Life Treaty Reinsurance (FSAOAEAA)

akta.pro secondary industry

Product Liability Reinsurance (FSAOABAI)

Keywords

• Composite reinsurance services
• Treaty and facultative reinsurance
• Life and non-life reinsurance
• Reinsurance capacity provision
• Underwriting and claims technical services

Headquarters

HQ city

Dar Es Salaam

HQ country

Tanzania

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Reinsurance Premiums: TAN-RE generates revenue by providing reinsurance capacity and security to insurance companies. As a composite reinsurer, they accept inward reinsurance business and provide sustainable treaty and facultative capacity in all classes of business.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Tanzania Reinsurance Company Limited (TAN-RE) is a composite reinsurer that accepts inward reinsurance business from insurance companies, providing sustainable treaty and facultative capacity across both life and non-life classes. Its product suite covers Property, Engineering, Motor and Liability, Marine, Miscellaneous Accident, Medical, Aviation, Energy, Agriculture, D&O, PVT, and Life. Beyond capacity, the company provides technical services including underwriting assistance, claims handling, risk surveys, market technical training, and statistical analysis support to clients across Africa, the Middle East, and Asia.

Product overview

TAN-RE operates as a composite reinsurance company offering a unified portfolio of reinsurance products and services covering both life and non-life business lines. The company provides capacity and security for 12 distinct insurance lines including Property, Engineering, Motor and Liability, Marine, Miscellaneous Accident, Medical, Aviation, Energy, Agriculture, D&O, PVT, and Life. Beyond direct reinsurance capacity, TAN-RE also delivers technical services including underwriting assistance, claims handling expertise, risk surveys, market technical training, and statistical analysis support to its clients across Africa, Middle East, and Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Reinsurance Reinsurance coverage for property risks including commercial and residential property damage, provided to insurance companies as treaty and facultative capacity.
• Engineering Reinsurance Reinsurance coverage for engineering projects including construction, erection, and machinery breakdown risks, offered to insurance companies on treaty and facultative bases.
• Motor and Liability Reinsurance Reinsurance coverage for motor vehicle insurance and general liability risks, provided to insurance companies in Africa, the Middle East, and Asia.
• Marine Reinsurance Reinsurance coverage for marine cargo, hull, and liability risks, provided to insurance companies through treaty and facultative arrangements.
• Miscellaneous Accident Reinsurance Reinsurance coverage for various accident and casualty risks not falling under other categories, offered to insurance companies across the company's target geographies.
• Medical Reinsurance Reinsurance coverage for medical and health insurance risks, provided as capacity to primary medical insurers.
• Aviation Reinsurance Reinsurance coverage for aviation risks including aircraft hull and liability, offered to insurers in Africa, the Middle East, and Asia.
• Energy Reinsurance Reinsurance coverage for energy sector risks including oil, gas, and renewable energy, provided to primary insurers.
• Agriculture Reinsurance Reinsurance coverage for agricultural risks including crop and livestock insurance, provided to primary insurers operating in African and Asian markets.
• D&O Reinsurance Directors and Officers liability reinsurance coverage provided to insurance companies serving corporate policyholders.
• PVT Reinsurance Personal accident and travel insurance reinsurance coverage offered to primary insurers.
• Life Reinsurance Life reinsurance coverage for life insurance policies, provided as part of TAN-RE's composite life and non-life offering.
• Technical Reinsurance Assistance Services Underwriting and claims handling expertise, risk surveys, market technical training, and statistical analysis support provided to insurance company clients to help them improve their primary underwriting and claims outcomes.
• TAN-RE Academy Training Market technical training, professional events sponsorship, and insurance personnel training programs delivered to insurance company staff and industry professionals across the company's target markets.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Tanzania Insurance Regulatory Authority (TIRA)coreOthersRegulatory oversight and compliance partner for Tanzania's insurance industry.
• The Association of Tanzania Insurers (ATI)coreStrategic or Co-development PartnerIndustry association partnership for market development and professional standards in Tanzania insurance sector.
• Bank of Tanzania (BOT)minorOthersCentral bank regulatory relationship.
• Business Registrations and Licensing Agency (BRELA)minorOthersBusiness registration and licensing oversight.
• Reinsurers NetworkcoreStrategic or Co-development PartnerExtensive network of relationships with other reinsurers across Africa, Middle East, and South Asia to serve clients with trusted relationships.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• SCOR: Global composite reinsurer with a deliberate focus on emerging markets; provides direct competition for TAN-RE in African and Middle Eastern treaty portfolios.
• Lloyd's of London: Global specialty insurance and reinsurance market with significant African and Middle Eastern exposure; competes with TAN-RE for specialty and large-risk facultative placements.
• Munich Re: Global reinsurance leader with AA- rating and full composite capability; competes with TAN-RE for large African and Middle Eastern risks but at a vastly superior rating and capital scale.
• Swiss Re: Top-tier global reinsurer with strong ratings and broad life/non-life offerings; sets pricing benchmarks in markets where TAN-RE also competes for cedent business.
• Hannover Re: One of the world's largest reinsurers with strong ratings; competes with TAN-RE for both treaty and facultative placements across Africa, Middle East, and Asia.

Direct peers

• Zep-Re (PTA Reinsurance Company): COMESA-based regional reinsurer offering treaty and facultative capacity across African markets; directly comparable to TAN-RE in geographic focus and composite product offering.
• Continental Reinsurance: African composite reinsurer offering treaty and facultative capacity across multiple lines; competes with TAN-RE for cross-border reinsurance placements in West and East Africa.
• African Reinsurance Corporation (Africa Re): Pan-African composite reinsurer headquartered in Nigeria and operating across the continent; TAN-RE's closest direct competitor for both life and non-life treaty and facultative business in African markets.
• Kenya Reinsurance Corporation: East African composite reinsurer offering similar life and non-life reinsurance capacity across Africa; competes directly with TAN-RE for regional cedent relationships and shares a similar AM Best rating tier.
• CICA Re (Confederation of Indian-Ocean Islands Reinsurance): Regional composite reinsurer covering Indian Ocean and African markets with both life and non-life lines; directly comparable to TAN-RE in scale, product breadth, and geographic focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tan-re

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tanzania Reinsurance Company