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AM Best And WAICA Partner To Hold Webinar On Stress Testing In Re/Insurers On September 17 - The Revealer
Insurance

AM Best And WAICA Partner To Hold Webinar On Stress Testing In Re/Insurers On September 17

AM Best, a leading specialist insurer rating agency, and the West African Insurance Companies Association (WAICA), have concluded plans to hold a webinar on the theme “Stress Testing in Re/Insurers? Stress Testing to Improve Insurers’ Responses to New and Emerging Risks”.

The programme will hold virtually on Tuesday, September 17,  2024, from 09:00-10:00 GMT/UTC.

For registration, see link below:

Register Now

Commenting on the webinar, the Host who is also the Secretary General/CEO, WAICA, Davis Iyasere, highlighted the importance of stress testing for insurance and reinsurance companies.

He stated that “Stress testing is vital for (re)insurance companies to assess their resilience to adverse scenarios and is an important factor in assessing their financial strength.

“A proactive approach can enable companies to avoid major losses and better understand their risk profile.”

He said during the sessions, AM Best senior analysts will discuss how stress testing is considered within the insurance credit rating process and review common stress testing that is performed.

Topics for discussions, according to Davis include:The importance of stress testing for re/insurance firms; What analysts are paying close attention to when trying to determine a company’s financial strength and its resilience and The value of a proactive approach to risk.

Speakers for the event which WAICA CEO said have been carefully selected to do justice to the theme of the webinar are Tim Prince, director, analytics, AM Best; Ben Diaz-Clegg, associate director, analytics, AM Best and Bubacarr Jarju, managing director, Gambia National Insurance Company Ltd, president, WAICA

About AM Best:

AM Best is the leading specialist insurer rating agency publishing ratings on re/insurance companies in more than 100 countries worldwide and a provider of industry research, news and analysis on the insurance markets around the globe.

About WAICA:

The West African Insurance Companies Association (WAICA),a regional Association of insurance companies and institutions in English speaking West Africa, was founded in 1973 by insurance institutions with the blessing of their respective governments in the five English speaking West African countries, namely; Gambia, Sierra Leone, Liberia, Ghana and Nigeria.

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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