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About AIO
Profile
The African Insurance Organisation (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. Membership
There are 4 categories of members:
(1) The
Insurance Industry
(2) Regulatory/Supervisory authorities
(3) Training Centers
(4) National and Regional associations
AIO has 287 members from 50 countries in Africa and associate international members from 5 countries.
Objectives The
main objectives of AIO are the promotion of inter-African co-operation and development
of a healthy insurance and reinsurance industry in Africa. Structure
of AIO AIO has a general secretariat headed by the
Secretary General. The supreme body of the Organisation is its General Assembly
which appoints the President, Vice-President and Executive Committee Members. Activities
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Organises
the annual African insurance conference and general assembly, the annual African
Reinsurance Forum, the annual life seminar, as well as various workshops and seminars
during the year.
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Engaged
in rating, software development, development of supervisory/regulatory capacity and promotion of special work programmes. African Center for Catastrophe Risks. It has established the African
Aviation and Oil Pools, and various specialized associations under its umbrella
for supervisory authorities, brokers and training centres.
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| | • | Publishes
regularly the African Insurance Annual Review as well as conference and seminar
documents. It also maintains an up-to-date website on African insurance markets.
| Bodies established by AIO
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AIO has established a number of bodies under its umbrella, including
The African
Aviation Pool,
The African Oil and Energy Insurance Pool,
The AIO Life Committee,
The African Reinsurance Forum,
The Association of African Insurance Supervisory Authorities,
The Association of African Insurance Brokers,
The
Association of African Insurance Educators and Trainers,
The African Insurance Book Awards
The AIO
Rating Program, and The AIO software program.
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Priority Areas for the Future
| | • | Consolidating
and strengthening the existing pools and associations set up by AIO.
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• | Promoting
insurance education and training.
Promoting computerisation within African
insurance markets.
Promoting credit assessment among members.
Strenghtening the African Training Institutes.
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