National Insurance Cooperation(NIC)

The National Insurance Corporation (NIC) was the first insurance company in Tanzania established on 16th October 1963; under CAP 212 of Companies Act (herein after referred to as the Service Provider). The Corporation has a sound asset base and good reinsurance arrangement which gives a large underwriting capacity as it is well and adequately protected by most solid yet advanced and First-Class international reinsurance partners through both Treaty and Facultative Reinsurances.

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