West African Insurers Applaud Continental Re for Capacity Building in the Anglophone Region

Insurance practitioners across West Africa have lauded Continental Reinsurance’s commitment to capacity development through continuous training programs in Anglophone countries. The commendations followed a series of training sessions organized by Continental Re during the first half of 2024.

The training programs, attended by 1,700 participants, covered various topics within the Non-Life and Life Insurance classes for both treaty and facultative business. These included areas such as Agriculture,  Reinsurance Accounting, Emerging Risks (including Banker’s Blanket Bond), Oil and Gas, Engineering, Credit Life and Mortgage Protection, and Fraud Detection and Prevention among other topics.

Participants, primarily insurance professionals from Nigeria and Ghana, expressed high levels of satisfaction with the training. They praised the expertise of the trainers, the clarity with which complex concepts were explained, and the practical tools and techniques provided for immediate implementation.

The interactive nature of the sessions, which allowed for engaging discussions and problem-solving, was also commended. Real-world examples and comprehensive materials made the training highly relevant and beneficial for day-to-day operations.

Mr. Ogadi Onwuaduegbo, Regional Director for Anglophone West Africa, said, “Continental Reinsurance has been conducting these capacity-building initiatives throughout the first half of the year, beginning in February. These efforts are designed to support the growth of insurance professionals in the region.

“Importantly, this is not a new initiative; we have consistently organized these training sessions over the years, reinforcing our long-term commitment to enhancing the capabilities of local insurers. The training sessions will continue in the second half of the year, further increasing the expertise within the industry.”