CIMA (Inter African Conference for Insurance Markets) is one organisation that has helped simplify the insurance process in Africa. It was established by treaty in 1992 and covers 15 countries in Francophone Africa, bringing virtually all insurance supervisory, legislative and regulatory powers under the CIMA Code.
This regional insurance oversight body was created based on the notion that a large single market with common rules and a common regulatory authority will result in a more effective and efficient supervisory structure and will promote stable and secure insurance markets in the region.
Join co-host, Jean-Stephane (JS) and Luc Noubissi, Commissaire Controleur Principal, CIMA in yet another exciting episode of AIR Francophone series.