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55 countries storm Gambia for 37th AIO

By Patience SAGHANA
Fifty-five member    countries of     frican Insurance Organisation (AIO) from within and outside the Africa continent are set to storm The  Gambia for the 37th AIO conference and general assembly next week

The theme of the conference coming up from May 23rd to 26th, 2010, is Survival of African Insurance Industry in the face of Global Financial crisis whilst the AIO will also tackle issues on Ethics and Good Governance:

Imperatives for African Insurance Market; Harnessing Human and Financial Resources for Sustainable Effective and Profitable Market in Africa; and Rebuilding Customer Trust and Confidence after Global Financial Crisis at the  Sheraton Hotels in Banjul, Gambia

AIO is a non-governmental organisation recognised by many African governments, including Cameroon which has signed a headquarters agreement with it and where it has set up its permanent secretariat.

AIO was established in 1972. The body has four categories of members comprising Insurance Industry; Regulatory/Supervisory authorities; Training Centers and National and Regional Associations.

The main objectives of AIO are the promotion of inter-African co-operation and development of a healthy insurance and reinsurance industry in Africa.More over, AIO organises the annual Conference and General Assembly, the annual African Reinsurance Forum as well as various meetings, seminars and workshops. However, the body rotates its events especially conference and seminars round its member countries depending on individual country’s preparedness and readiness to host the AIO events.

For instance The Gambia is hosting the 37th AKIO conference and general assembly after sixteen years.
Gambia hosted the 20th African Insurance Organisation (AIO) conference precisely in 1993.

It would be recalled that a five-man team from that country were in the country to appeal to the Nigerian insurance industry for full support of the AIO

The team led by Prince Mike Ikupolati, Director-General of West African Insurance Institute (WAII), Ms Senor Thomas of International Insurance Company, Mr Makaireh Badjan of Global Security Insurance Company and Mr Dawda Saroe of Great Alliance Insurance Company addressed the governing council of the Nigerian Insurers Association (NIA) during the association’s governing council meeting last year.

Pa Alasan S. Jagne, Chairman of the local organising committee of the 37th AIO said Gambia is pleased to host the AIO conference the second time come next year, 2010.

A|ccordint to him, “The Gambian hosted the 20th conference of the African Insurance Organisation 16 years ago in 1993. We are however pleased to play host to this pan Africa orgainsation for the second time under the Theme: Survival of African Insurance Industry in the face of Global Financial crisis.

The Gambian insurance industry, Jagne said wishes to associate witb the aim and objectives of the AIO and pledges their continuous support and cooperation to the development of the African body particularly at this critical time of global crisis.


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