Apr TAN-RE reports profit of TZS 3.7 Billion for the year ended December 2014
TAN-RE's Net profit for the year ended 31 December 2014 has increased to TZS 3,776,195,689 from TZS 2,237,019,951 realized in 2013.
During the period , Gross Premiums increased to TZS 73,572,055,728 from TZS 62,692,677,913 while Net Premiums increased to TZS 62,810,074,669 from TZS 54,570,877,421 for the year 2013.
Claims and Expenses increased to TZS 64,166,562,045 from TZS 56,777,630,233 which resulted in a profit before tax of TZS 5,238,466,240 and a Net Profit of TZS 3,776,195,689.
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