26 countries represented at Policy Seminar in Dakar

Representative from 26 countries participated in the Policy Seminar on access to insurance in Dakar, Senegal on November 2. Among thos were many representatives from insurance supervisory authorities. 20 African supervisors attended the meeting.

Making regulatory, supervisory and policy envrionments more conducive is high on the agenda of the insurance supervisors attending the Policy Seminar.  Supervisors had the opportunity to share views on approaches in other countries, and presented the challenges their jurisdicsitons are facing. As Africa has a large number of informal providers, and licensed insurers are increasingly interested entering the low-income market, participants agreed that prudential norms need to be developed that facilitate low-cost, simple and transparent value-for-money products and services for this segment.

The presentations held at the seminar will be available soon in the library section.