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Summary of Performance
TAN-RE continues grow year after year as the performance summary of the years show. Figures in TZS ’000
Figures in TZS ’000
No Data Found
Figures in TZS ’000
No Data Found
| Figures in TZS ’000 | |||||||
|---|---|---|---|---|---|---|---|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Gross Premium | 78,942,000 | 111,521,892 | 141,394,263 | 140,638,731 | 165,590,361 | 179,704,372 | 214,555,135 |
| Retrocession | 11,480,812 | 43,331,685 | 51,867,002 | 70,750,691 | 93,578,886 | 88,319,246 | 111,288,363 |
| Earned Premium | 66,770,702 | 67,252,020 | 87,015,993 | 68,758,963 | 74,642,086 | 75,344,613 | 104,963,572 |
| Claim Incurred | 38,128,312 | 41,820,181 | 51,175,315 | 33,904,951 | 39,522,810 | 39,650,580 | 53,631,314 |
| Commission | 13,998,872 | 8,051,742 | 15,823,575 | 12,598,728 | 11,770,413 | 11,957,170 | 16,379,970 |
| Management Expenses | 9,974,553 | 11,304,532 | 11,674,637 | 11,723,535 | 12,452,089 | 13,841,713 | 25,152,107 |
| Underwriting Profit | 6,259,132 | 7,116,634 | 9,296,385 | 10,531,748 | 10,896,775 | 9,895,149 | 15,488,332 |
| profit before Tax | 5,106,707 | 6,667,919 | 8,856,554 | 12,213,209 | 13,023,533 | 12,519,986 | 16,219,717 |
Figures in USD
No Data Found
Figures in USD
No Data Found
| Figures in USD | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
| Gross Premium | 85,650,752 | 78,132,336 | 71,995,809 | 61,147,274 | 65,764,773 | 51,870,647 | 36,717,209 | 34,841,566 | 33,980,111 |
| Retrocession | 44,426,492 | 38,399,672 | 40,686,472 | 30,761,170 | 24,124,187 | 20,154,272 | 5,339,913 | 5,817,434 | 5,798,994 |
| Earned Premium | 41,901,626 | 32,758,527 | 32,453,081 | 29,895,201 | 40,472,555 | 31,280,009 | 31,056,140 | 28,974,961 | 27,994,878 |
| Claims Incurred | 21,409,706 | 17,239,383 | 17,183,830 | 14,741,283 | 23,802,472 | 19,451,247 | 17,734,099 | 17,448,342 | 15,873,783 |
| Commission | 6,538,910 | 5,198,769 | 5,117,571 | 5,477,708 | 7,359,802 | 3,744,996 | 6,511,103 | 6,340,932 | 6,616,508 |
| Management Expenses | 10,040,761 | 6,018,136 | 5,413,952 | 5,097,189 | 5,430,064 | 5,257,922 | 4,639,327 | 4,287,250 | 3,750,910 |
| Underwritiing Profit | 6,182,967 | 4,302,239 | 4,737,728 | 4,579,021 | 4,323,900 | 3,310,062 | 2,911,224 | 1,206,801 | 2,108,693 |
| Profit before Tax | 6,474,937 | 5,443,472 | 5,662,406 | 5,310,091 | 4,119,327 | 3,101,358 | 2,375,213 | 1,533,509 | 2,829,762 |
