By Tony Obiechina, Abuja
The Managing Director, Financial Sector Deepening Africa, Mr. Mark Napier along with his Management Team on Friday paid an official visit to the headquarters of the National Insurance Commission (NAICOM) in Abuja.
The visiting team was received by the Commissioner for Insurance Chief Executive Officer of NAICOM, Mr. Olorundare Sunday Thomas.
The visit followed a partnership entered into by NAICOM with FSD Africa, a Risk Based Capital (RBC) for the training of seventy of its personnel.
The training which has been on for past two weeks ended on Friday. It was facilitated by Mr. Elias Omondi Principal in charge of innovation at FSD Africa.
According to a statement by NAICOM, other benefits of the partnership for the Nigerian Insurance Industry include:
*Development of Risk Based Capital framework and toolkit. READ ALSO:
- CAF WCL: How Edo Queens sent defending champions Sundowns home
- Enriching Futures: The Ayanfe Kristi Example
- CBN to sanction banks for disbursing cash to Naira hawkers
- FG to enroll Almajiri, Out-of-School Children in Classrooms
- CAFWCL: Edo Queens Overcome Sundowns, Seal S/Final Spot
*Incorporation of Economic, Social and Governance (ESG) Principles into our operations.
*Development of Innovation portrait which would facilitate innovation for the regulator and insurance operators amongst others.