Insurance professionals in West Africa have commended Continental Reinsurance’s continued commitment to capacity building through its ongoing training programmes in English-speaking countries.

This honour comes after a series of training courses organised by Continental Re during the first half of 2024.

According to a report published by the Nigerian Tribune, the training sessions were attended by nearly 1,700 participants, which covered a range of topics in the life and non-life insurance sectors, including contractual and facultative business.

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Sessions covered areas such as agriculture, reinsurance accounting, emerging risks including universal banking, oil and gas, engineering, life insurance, mortgage protection, as well as fraud detection and prevention.

The training programmes were primarily benefited by insurance professionals from Nigeria and Ghana. Participants appreciated the programme, noting the expertise of the trainers, the clarity of explanations of complex concepts, and the practical tools provided for immediate application.

They also highlighted the interactive nature of the sessions, which facilitated fun discussions and problem solving, making the training relevant to their daily operations.

Ogade Onwuwadwegbo, Regional Manager for English-speaking West Africa, noted that Continental Re has been implementing these capacity building initiatives throughout the first half of the year, starting in February.

He also stressed that these efforts aim to support the development of insurance cadres in the region.

Onuwadigbo added that the initiative is part of a long-standing tradition, as Continental Re has consistently organized such training sessions over the years to enhance the capacity of local insurance companies. The training programmes are set to continue in the second half of the year, further contributing to the enhancement of expertise within the industry.

In other recent developments, Continental Re also announced its 2023 financial results, which showed significant growth and strong performance across various metrics.

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