Nigeria to host Association of African Insurance Supervisory Authorities

Elizabeth Christopher, Abuja

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Nigeria’s National Insurance Commission (NAICOM) is set to host the 3rd General Assembly of the Association of African Insurance Supervisory Authorities (AAISA) in Abuja, the nation’s capital.

A statement issued by the Head, Corporate Communication,NAICOM, Mr. Rasaq Salami said as part of the Commission’s support for capacity development of member countries, the General Assembly will be complemented with a seminar on Index-based Agricultural Insurance (IBAI).

The seminar which has been scheduled to hold on December 9 – 10, 2019 at the Transcorp Hilton, Abuja, is in line with the federal government’s agenda to diversify the economy, boost its Gross Domestic Products and the national insurance support for capacity to handle emerging risks.

AAISA is the umbrella body set up to bring together insurance supervisory authorities from all parts of Africa.

The body’s objective is to promote co-operation among supervisory authorities in Africa, assist countries in human resource development, and create a forum for the standardisation of insurance laws and supervisory structures on the African continent.

Peace PIAK