Reliance Insurance Company (T) Limited was promoted in 1998 In the light of the opportunities offered by the privatization of the insurance industry.Local businessman of repute joined hands with Pan Africa Insurance Company Limited of Nairobi,Kenya of infuse the envisaged initial paid – up capital of T.Shs.600 million. APA Insurance Limited, acquired the shares consequent to merger of Pan African Insurance and Apollo Insurance.
The company was among the first few companies licensed In 1998 and started operation October 1998. The company has been making steady progress and has built a strong financial base and reputation for strong customer oriented culture.The share holding in the company is as under:APA Insurance Limited:34.00%Tanzanians:33.33%Others Foreign Investors:32.67%One of the leading private non-life insurer in Tanzania offering wide range of products to cover all kinds of property and liability risk exposures like Fire,General Crime and Accident ,Motor Vehicles,Cargo etc.Commited to excellence In customer service and Corporate Good Governance.
