African
Life Assurance, the leading life insurer in Tanzania has again scooped the
prestigious NBAA best presented financial statements awards 2011 for the life
insurance category.
The award
was presented to African Life’s CFO Mr. Samwel Mika (above) by Mr. Vickson Ncube the
CEO of Panafrican Federation of Accountants (PAFA) at a function held at Kibo
Palace Hotel in Arusha.
This
becomes the 3rd year in a row for African Life Assurance to be
awarded by NBAA. In 2009 African Life won 3rd position in the
insurance industry category moving on to win first position in 2010 and
maintaining the same position for the life insurance category in 2011.
Speaking
to members of the press, African Life’s CEO Julius Magabe said “African Life
Assurance puts great emphasis in quality excellence not only in its financials
but in all our operations and winning this award for 3 consecutive years signifies
that commitment to our stakeholders”.
African
Life Assurance has experienced significant growth at a rate of over 30 per cent,
as result of its commitment to quality service delivery and it now commands a
47 per cent market share.
African
Life Assurance is a specialist life assurance company which is A+ rated by the
Global Credit Rating Company.
As a
member of the Sanlam Group, a large financial services company that operates in
Africa, Europe, Asia, Australia and America, African Life Assurance brings to
the market global expertise to compliment its local offerings.
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