MUA
IN TANZANIA
OVERVIEW OF MUA IN TANZANIA

MUA Tanzania, previously known as Phoenix of Tanzania, has inherited its rich history from one of the oldest insurance companies in East Africa - Phoenix Assurance Company Ltd. The company’s roots can be traced back to 1781, with the name “Phoenix” being adopted in 1812. The company has been operating in Tanzania since 1999 and has been part of MUA since 2014.

 

MUA Tanzania is rated AA+ by Global Credit Rating (GCR). The company also has the highest net worth in the market, ensuring we can meet our obligations and pay our customers’ claims.

 

Our extensive branch network across Tanzania covers Dar es Salaam, Arusha, Iringa, Mwanza, Dodoma, Kahama, Kigoma, Morogoro, Mbeya and Makambako.

 

MUA Tanzania has a solid Reinsurance Treaty Program, led by Swiss Re.  Our other reinsurance partners include GIC Re, Africa Re, PTA Re, Continental Re and Score Africa, giving us the capacity to offer a wide range of specialised insurance solutions to individual and corporate clients.

 

Combining our reinsurance capacity and our regional experience, we can handle major and complex projects. Most recently, we have been chosen to lead the Tanzania Energy Co-insurance Consortium.

OUR
STRENGTHS
Market Relevant Experience
Financial Strength
Reinsurance Capability
OUR
SERVICES
INSURANCE SOLUTIONS
MOTOR
Domestic Package
TRAVEL
MUA Tanzania
AT A GLANCE
87
EMPLOYEES
9
BRANCHES
> 100
YEARS OF EXPERIENCE IN EAST AFRICA
OUR
HISTORY
1912
1912

Started Operations in Kenya with R. W.  Greater from UK appointed Agent for  Nairobi & Mombasa & first policy sold (S.I Rs 360 Premium Rs 7.15)

1992
1992

Company bought by local Kenyans

1997
1997

Phoenix of Tanzania incorporated

1997
1997

Phoenix of Tanzania licensed

2000
2000

Phoenix of Uganda incorporated

2003
2003

Phoenix of Uganda licensed

2006
2006

Phoenix of Rwanda incorporated & licensed

2014
2014

Majority Shareholding in Phoenix Group in East Africa bought by MUA, the largest Insurance Company in Mauritius by market capitalisation. It is a listed company at the stock exchange of Mauritius

INTERNATIONAL
PARTNERSHIPS
  • Dedicated team focused on providing cross-border insurance solutions;

  • Our value proposition includes centrally managed global policies with local policies arranged in foreign jurisdictions for subsidiaries or portfolio companies;

  • Working arrangements with over insurance companies and insurance networks across Africa;

  • MUA is the exclusive member of Globus in Mauritius, Uganda, Kenya, Seychelles and Tanzania. Globus is a Pan-African network of over 50 leading insurance companies.

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VALUES & PURPOSE

Our vision, our purpose and our values in summary

OUR TEAM

Get to know MUA's key leaders

INVESTORS RELATIONS

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