Continental Re has boosted the capacity of about 1700 insurance practitioners in the first half of 2024.
A statement from the firm on Friday indicated that the training programmes, attended by 1,700 participants, covered various topics within the non-life and life insurance classes for both treaty and facultative business.
According to the firm, these areas included agriculture, reinsurance accounting, emerging risks (such as banker’s blanket bond), oil and gas, engineering, credit life and mortgage protection, and fraud detection and prevention, among others.
The beneficiaries of the training, who were mainly insurance professionals from Nigeria and Ghana, expressed high levels of satisfaction with the training.
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The Regional Director for Anglophone West Africa, Mr Ogadi Onwuaduegbo, 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 organised 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.”
Insurance practitioners across West Africa have lauded Continental Reinsurance’s commitment to capacity development through continuous training programmes in Anglophone countries.
The commendations followed a series of training sessions organised during the first half of 2024.
Micheal has over 5 years experience in digital journalism. He’s a New Media Expert with an interest in Human Development and Global Politics.