AM Best Greets African Insurance Organisation On 50th Anniversary Celebration
L-R: Dr. Mrs Tonia Smart; Commissioner for Insurance (Nigeria), Mr. Sunday Thomas and Chairman African Continental Free Trade Area (AfCFTA) Committee, Mrs Ekeoma Esther Ezeibe at the opening event held today in Nairobi, Kenya. ( Picture: Business Today).
AM Best Ratings Services has congratulated the African Insurance
Organization (AIO) on its 50th anniversary celebration taking place at
the ongoing 48th AIO Conference and Annual General Assembly in
Nairobi, Kenya.
This was contained in a congratulatory message signed by Dr. Edem
Kuenyehia, Director, EMEA & AP, AM Best Ratings Services and made
available to this medium.
The message reads ‘’AM Best would like to extend its congratulations
to the African Insurance Organisation (AIO) on its 50th anniversary,
which is being celebrated during the ongoing 48th annual AIO
Conference and Annual General Assembly in Nairobi, Kenya.
‘’ The weeklong conference began on Saturday, 25 June 2022 with the
theme of “Insurance and Climate Change: Harnessing the Opportunities
for Growth in Africa.” The golden jubilee will be celebrated under the
theme, “AIO at 50: A call for Africa Insurance Renaissance.”
“I would like to offer congratulations on this milestone to the AIO
and its entire membership and commend its new strategic initiatives
for advocacy, research, training, capacity and reputation building and
for nurturing a forum for communication in the insurance industry,”
said Dr. Edem Kuenyehia, Director of Market Development for Africa at
AM Best.
“AM Best is committed to being a truly global rating agency,
servicing the needs of the (re)insurance industry throughout the world
including the growth economies across the African continent,” added
Nick Charteris-Black, Managing Director, Market Development – EMEA, AM
Best. “Through our rating activities, we seek to strengthen the
financial solvency, stability, and sustainability of the insurance
industry in support of economic growth and the well-being of all
stakeholders.”
AM Best is a global credit rating agency, news publisher and data
analytics provider specialising in the insurance industry.
Headquartered in the United States, the company does business in over
100 countries with regional offices in London, Amsterdam, Dubai, Hong
Kong, Singapore and Mexico City.
