1. Might you have the capacity to please exhibit your affiliation rapidly?

FANAF is a specialist relationship of associations in the assurance and reinsurance zone in 27 African countries. It has a couple of objectives, including to:

Propel the assurance and reinsurance industry in Africa;

Address and defend the interests of the calling;

Realize structures for reflection and coordinated effort to the extent security and reinsurance;

Give steady getting ready to staff in the security part;

Disperse overviews, documentation and frameworks on assurance and reinsurance;

Help scatter on assurance, reinsurance and little scale security; ü Establish capable relations between part associations;

Propel elective assurances (Takaful and Retakaful).

The association was built up in Côte d'Ivoire in March 1976, anyway its present headquarters is arranged in Dakar, Senegal. To date, the association consolidates approximately 189 assurance and reinsurance associations, including 3 Motor Guarantee Funds.

2. What are your main achievements and what are your exercises figured it out?

The association is locked in with a couple of activities in regard to the insurance and reinsurance markets. In such manner, different examinations are driven under the insurance of the FANAF to get an understanding of how the part is creating and give new boost at the national or regional level. Thusly, general social occasions on the existence scope, non-additional security, reinsurance and little scale insurance markets are reliably dealt with.

Additionally, preparations such leaflets and estimations on the portion are made all an opportunity to help the different players related with the region settle on taught decisions.

A school program on Management with HEC in Paris.

Workshops and instructional classes are also proposed to the particular people and accomplices in the division with the purpose of helping them wind up engaged and better manage their business works out.

Study excursions to the business divisions of the BRICS countries.

Distinctive regions of progress has in like manner been noted in various lines of movement consolidating into:

Exchanges;

Corporate organization through the gathering of precepts anticipating that associations should have tasteful internal survey system;

Bracing the supervision of go-betweens through the determination of controls, requiring experts and security administrators to round out standard slips and clarifications to empower controllers to better understand their activities and their relationship with their accessories;

The establishment of the Julien Jean Codjovi prize, conceded each year to an investigator who has conveyed in the fields of insurance, reinsurance, actuarial organizations and related requests;

The establishment of the Ahmadou Kourouma prize, conceded to the most creative and best dealt with insurance promote in the FANAF countries. In 2014, the Codjovi prize went to Mr Aymric Kamega, analyst, and the Ahmadou Kourouma prize went to the Cameroon security exhibit addressed by its umbrella affiliation, ASAC (Association of Cameroonian Insurance Companies);

Change of cases settlement and the apportionment of new headings that fabricates the amount of losses met all requirements for compensation, and raising the level of pay rooftops or the suspension of the trade decision, all inside the structure of the relationship among FANAF and CIMA (Inter African Conference for the Insurance Market);

Growth of insurable assets where the apportionment of a control on littler scale assurance ought to achieve extended penetration rate and security thickness in the CIMA countries, et cetera.

3. Would you have the capacity to elucidate certain challenges or inconveniences FANAF is looked with?

While basic progress has been made starting late, amazing troubles, nevertheless, remain to be had a tendency to, not solely to empower the structure to totally fulfill its focal objective, yet also to develop the change of the entire business. The indispensable troubles defying the FANAF include:

The difference in compensation of losses with singular injuries as a result of road auto collisions (wander is in advance);

Control of the reinsurance section and setting up of a formal structure for the exchanging of information with untouchable countries;

Strengthening measures against the delocalisation of risks; - Continued streamlining of the intermediation part;

Beat new market fortes, for instance, Takaful, security and little scale insurance to help improve the thickness of assurance in substitute countries, et cetera.

4. In what limit can an association with MFW4A reinforce FANAF's exercises?

The relationship with MFW4A could contribute in various ways to deal with FANAF's work and its undertakings to influence the African insurance and reinsurance to fragment reasonable and sensible. MFW4A could help expose issues and detectable quality, by appropriating in its stage, which has aggregated a noteworthy reputation on the extent of the landmass and past. It would in like manner be beneficial to our affiliation and to the African assurance industry that MFW4A accomplices us with events and issues related to the change of the insurance zone.