TAN-RE continues grow year after year as the performance summary of the years show.
Figures in TZS ’000
Figures in TZS ’000 | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Gross Premium | 141,394,263 | 111,521,892 | 78,942,000 | 74,909,367 | 73,057,239 |
Retrocession | 51,867,002 | 43,331,685 | 11,480,812 | 12,507,484 | 12,467,838 |
Earned Premium | 87,015,993 | 67,252,020 | 66,770,702 | 62,296,167 | 60,188,988 |
Claims Incurred | 51,175,315 | 41,820,181 | 38,128,312 | 37,513,935 | 34,128,633 |
Commission | 15,823,575 | 8,051,742 | 13,998,872 | 13,633,004 | 14,225,492 |
Management Expenses | 11,674,637 | 11,304,532 | 9,974,553 | 9,217,588 | 8,064,457 |
Underwriting Profit | 9,296,385 | 7,116,634 | 6,259,132 | 2,594,622 | 4,533,690 |
Profit before Tax | 8,856,554 | 6,667,919 | 5,106,707 | 3,297,045 | 6,083,989 |
1 USD = | TZS 2,150 | ||||
Figures in USD | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Gross Premium | 65,764,773 | 51,870,647 | 36,717,209 | 34,841,566 | 33,980,111 |
Retrocession | 24,124,187 | 20,154,272 | 5,339,913 | 5,817,434 | 5,798,994 |
Earned Premium | 40,472,555 | 31,280,009 | 31,056,140 | 28,974,961 | 27,994,878 |
Claims Incurred | 23,802,472 | 19,451,247 | 17,734,099 | 17,448,342 | 15,873,783 |
Commission | 7,359,802 | 3,744,996 | 6,511,103 | 6,340,932 | 6,616,508 |
Management Expenses | 5,430,064 | 5,257,922 | 4,639,327 | 4,287,250 | 3,750,910 |
Underwriting Profit | 4,323,900 | 3,310,062 | 2,911,224 | 1,206,801 | 2,108,693 |
Profit before Tax | 4,119,327 | 3,101,358 | 2,375,213 | 1,533,509 | 2,829,762 |