By Favour Nnabugwu
The African Reinsurance Corporation (Africa Re) welcomes applications from suitable / qualified candidates for the 5th Cohort of the e-learning Young Insurance Professionals Programme between November 30, 2022 to January 15, 2023.
The YIPP is a free online training programme, which targets insurance/reinsurance professionals under the age of 35, working with insurance or reinsurance companies, brokerage firms, supervisory authorities or related organizations.
The programme comprises of fourteen (14) courses, which are carefully selected and well designed. These courses will build a solid foundation in insurance and reinsurance for participants, a key component for career development in the industry.
The YIPP is another milestone in the Corporate Social Responsibility initiative of Africa Re, in line with its mission of fostering the development of the insurance and reinsurance industry in Africa.
Some of the major benefits of the YIPP are that the best 10 participants will enjoy E-Certificate of Completion issued by Africa Re Group Managing Director/CEO, Dr. Corneille Karekezi
Invitation to a Capstone On-Campus or online where they will be introduced to cutting-edge managerial and leadership skills
And Sponsorship to attend one of the major insurance /reinsurance events in Africa (Africa Insurance Organisation, AIO, The Federation of African National Insurance Companies, better known as “FANAF” The Organisation of Eastern and Southern Africa Insurers, OESAI, General Arab Insurance Federation GAIF etc.).
Africa Re was established on 24th February 1976 by 36 member States of the then Organization of African Unity (OAU) and the African Development Bank (AfDB) with the mission of fostering the development of the insurance and reinsurance industry in Africa, promoting the growth of the national, regional and sub-regional underwriting and retention capacities and supporting African economic development.
Africa Re has its headquarters in Nigeria where it started operations in 1978 and in 2021 premium income of US$629.15 million for the nine months to September 2021, an increase of 7.79% over US$583.68 million reported for the same period in 2020.
The Corporation has a subsidiary company in South Africa (African Reinsurance Corporation South Africa), a Retakaful subsidiary in Cairo, a network of six regional offices (Casablanca, Morocco; Nairobi, Kenya; Abidjan, Cote d’Ivoire; Port Louis, Mauritius; Cairo, Egypt and Lagos, Nigeria) and contact offices in Addis Ababa, Ethiopia; Kampala, Uganda, and Khartoum in Sudan.