African Insurance Organisation
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African Insurance Organisation 2020 ANNUAL REVIEW AFRICAN INSURANCE ORGANISATION African Insurance Organisation Annual Review 2020 3 Annual Review 2020 AFRICAN INSURANCE ORGANISATION Published by: African Insurance Organisation 30, Avenue de Gaulle P. O. Box 5860 Douala, Cameroon Telephone: (237) 233 42 01 63 /233 42 47 58 /2 33 42 94 96 Telefax: (237) 233 43 20 08 E-mail: [email protected] URL: http://www.african-insurance.org 4 Annual Review 2020 AFRICAN INSURANCE ORGANISATION Contents Namibia 168 Niger 170 AIO Members Nigeria 172 Algeria 26 Rwanda 204 Angola 33 Senegal 210 Benin 34 Seychelles 213 Botswana 37 Sierra Leone 216 Burkina Faso 39 South Africa 220 Burundi 41 South Sudan 228 Cameroon 43 Sudan 229 Central African Republic Swaziland 235 Cape Verde 52 Tanzania 237 Chad 53 Togo 243 Congo 55 Tunisia 247 Congo D. R. 57 Uganda 255 Cote d’Ivoire 59 Zambia 264 Djibouti 68 Zimbabwe 270 Egypt 69 Associate Members outside Africa a) Australia 282 Eritrea 81 b) Bahrain 284 Ethiopia 83 c) Germany 283 Gabon 91 d) India 279 The Gambia 97 e) Jordan 278 Ghana 103 f) Russia Guinea 122 g) Sultanate of Oman 282 Kenya 124 h) Switzerland 283 Lesotho 137 i) U. A. E. Liberia 139 j) United Kingdom 277 Libya 141 African Insurance Directory Madagascar 144 a) Members of AIO 285 Malawi 146 b) Bodies established by AIO 351 c) African Insurance Mali 150 Supervisory Authorities 352 Mauritania 153 d) African Insurance Mauritius 154 Training Centres 359 Morocco 158 e) African Insurance Mozambique 165 Associations 362 5 Annual Review 2020 AFRICAN INSURANCE ORGANISATION African Insurance Organisation he African Insurance Organisation (AIO), established in 1972, Tis a non-governmental organization recognized by many African governments, including Cameroon which has signed a headquarters agreement with it and where it has set up its permanent secretariat. Membership The AIO has 362 members, 342 of them from 47 countries in Africa and 15 associate international members from 9 countries. Member- ship is open to the following: • The Insurance industry • Regulatory/supervisory authorities • Insurance Training centers • National and regional insurance associations. Objectives Jean Baptiste Ntukamazina The main objectives of AIO are the development of a healthy insu- Secretary General rance and reinsurance industry and the promotion of inter-African co-operation in Africa. Structure of AIO • The African Centre for Catastrophe AIO has a General Secretariat headed by the Secretary General. The Risks supreme body of the Organisation is its General Assembly, which appoints the President, the Vice-President and Executive Committee • The African Microinsurance Commit- Members. tee. Activities AIO Priority areas for the future • Organizes African insurance conference and General Assembly. • Consolidating and strengthening the • The annual African Reinsurance Forum existing pools and associations set up • The annual Life Seminar, as well as other workshops and semi- by AIO nars. • Is engaged in the development of supervisory/regulatory capacity • Partnering with other organisations, and promotion of special work programmes. notably the World Bank, ILO, A2II, • Publishes regularly the African Insurance Annual Review, the GIZ and UNCTAD in various capacity African Insurance Bulletin, the Africa Insurance Barometer as building programmes well as conference and seminar documents. It also maintains a website on AIO events and developments on the African and • Encourage the development of Mi- international insurance scene. croinsurance • Publishes the African Insurance Barometer • Promoting Capacity Building for dif- • Established the African Insurance Book Award. • Established the AIO Hall of Fame Award ferent arms of the insurance industry in Africa. Bodies established by AIO • Developing the AIO website into a The AIO has established a number of bodies under its umbrella, no- veritable reference point for African tably: • The African Aviation Pool insurance. • The African Oil and Energy Insurance Pool, • Promoting the African Centre for Ca- • The AIO Life Committee tastrophe Risks. • The Association of African Insurance Supervisory Authorities • The Association of African Insurance Brokers • Creating a Pool for Catastrophe risks. • The Association of African Insurance Educators and Trainers • Encouraging scholarly research. 6 Annual Review 2020 AFRICAN INSURANCE ORGANISATION New strategic plan of the AIO The AIO should advance the policy interests of the African insurance industry. The main Advocacy goals are:  AIO is to become the one-stop-shop for policymakers, governments and other stakeholders to learn about the benefits of insurance in Africa  AIO will define a roadmap to advance the positions of its members  AIO will advocate the common member's positions The AIO will contribute to decision making and industry recognition by providing thought- Research leadership and market insights. The main goals are:  AIO will provide develop a data repository about Africa’s insurance markets  AIO will analyse the data, recognise trends and convert these into key topics/thought- leadership contributions  AIO will leverage topics and thought-leadership for agenda-setting in advocacy Training The AIO will continue to set standards and highlight best practices by providing insurance education. The main goals are:  AIO is to analyse and define the training needs of its members  AIO to select providers and courses that are relevant to training needs of the African insurance industry  If needed, the AIO will not just define standards but also develop new training courses for its members The AIO will continue to provide its acknowledged networking platforms to its members, such Events as the General Assembly and the Reinsurance Forum. At the same time, we will strengthen our focus on the plenary sessions where key industry topics will be discussed:  AIO will continue offering high-quality networking events  AIO aims to strengthen the relevance of the events as platforms to inform on market trends  AIO will leverage the events to also inform and report to members on its progress against its goals Reputation The AIO wishes to strengthen the positive perception of the industry as building a facilitator of economic and societal progress:  Although we believe awareness building for the benefits of insurance is a task best served by national institutions, we will provide support by developing an online repository of articles & publications that members may use for their purposes Capacity The AIO intends to facilitate solutions that address the needs of the underinsured segments of societies and to assure a higher insurance building penetration:  AIO will evaluate its existing pools and discuss the need for new solutions with its members  AIO may test the viability of new insurance solutions through ‘lighthouse’ projects (e.g. in agricultural microinsurance) 7 Annual Review 2020 AFRICAN INSURANCE ORGANISATION The AIO Executive Committee 2019 – 2020 NO NAME COUNTRY STATUS 1 Ms. Delphine Traoré Africa South President 2 Mr. Tope Smart Nigeria Vice President 3 Ms. Aretha Duku Ghana Immediate Past President 4 Alhaj Kaddunabbi Ibrahim Lubega Uganda Member 5 Madame Lamia Ben Mahmoud Tunisia Member 6 Dr. Corneille Karekezi Africa Re Member 7 Mr. Hassan El Sayed Mohamed Sudan Member 8 M. SebaHadj Mohamed Algeria Member 9 Mr. Georges Léopold Kagou Cameroon Member 10 Mr. Sam O. Mintah Liberia Member 11 Mr. BachirBaddou Morocco Member 12 M. Steven O. Oluoch Kenya Member 13 Mrs. Patty Karuaihe-Martin Namibia Member 14 Mr. Chabala Lumbwe Zambia Member 15 M. Andrew Crépin Gwodog Gabon Member 16 Mr. El Haji AW Seybatou Cote d’Ivoire Member 17 Mr. Leopold Keita Mali Member 18 Mr. Thomas Olorundare Sunday Nigeria Member 8 Annual Review 2020 THE AIO EXECUTIVE COMMITEE South Africa: President Ms. Delphine Traoré Chief Opertaing Officer Allianza Global Corporate & Specialty S.A. Ltd. Johannesburg Mrs. Delphine Traoré Nigeria: Vice-President Mr. Tope Smart Group Managing Director Mr. Tope Smart NEM Insurance PLC, Lagos 9 Annual Review 2020 THE AIO EXECUTIVE COMMITEE Ghana: Immediate Past President Ms. Aretha Duku Chief Executive Officer Ghana Union Assurance Company Ltd. Accra Ms. Aretha Duku Uganda: Member Alhaj Kaddunabbi Ibrahim Lubega Chief Executive Officer Alhaj Kaddunabbi Ibrahim Lubega Insurance Regulatory Authority of Uganda – IRA Kampala 10 Annual Review 2020 THE AIO EXECUTIVE COMMITEE Morocco: Member Mr. Bachir Baddou General Manager Compagnie d’Assurances Transports (CAT) Casablanca Mr. Bachir Baddou Africa Re: Member Dr. Corneille Karekezi Group Managing Director/CEO Mr. Corneille Karekezi African Reinsurance Corporation Lagos 11 Annual Review 2020 THE AIO EXECUTIVE COMMITEE Sudan: Member Mr. Hassan El Sayed Mohamed General Manager The Sudanese Insurance & Reinsurance Co. Ltd. Khartoum Mr. Hassan El Sayed Cameroon: Member Mr. Georges Léopold Kagou Directeur Général Mr.Mr. Steven Kagou O.Georges Oluoch Société Africaine d’Assurance et de Réassurance- SAAR Douala 12 Annual Review 2020 THE AIO EXECUTIVE COMMITEE Kenya: Member Mr. Steven Oluoch Chief Executive Officer ICEA Lion General Insurance Company Ltd. Nairobi Mr. Steven Oluoch Mali : Member Mr. Leopold Keita Directeur Général Mr. Leopold Keita Les Assurances Bleues CNAR-SA Bamako 13 Annual Review 2020 THE AIO EXECUTIVE COMMITEE Nigeria: Member Mr. Thomas Olorundare Sunday Commissioner for Insurance National Insurance Commission Abuja Mr. Thomas Olorundare Sunday Algeria: Member Mr. Seba Hadj Mohamed Président Directeur