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Monday, July 23, 2018

TIRA set to introduce bancassurance regulations

Dr Baghayo Saqware Tanzania Insurance Regulatory Authority Commissioner.

In Summary

Bancassurance, which entails the selling of insurance products and services by banking institutions, is largely operated in Tanzania without regulations and only a few lenders participate.The Tanzania Insurance Regulatory Authority (Tira) is finalising regulations to guide Bancassurance in the country.

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