West African Insurers To Offer Insurance Solutions To Climate Change

West African insurers nether the auspices of the West Africa Insurance Companies Association (WAICA) are acceptable to connection security solutions to the ongoing climatic alteration that is disrupting countries successful the Africa and the remainder of the world.

The underwriters, done its the 2025 WAICA Education conference, scheduled to instrumentality spot from Sunday, 12 October to Wednesday, 15 October 2025 successful Victoria Island, Lagos, volition sermon the theme: ‘The West African Insurer successful the Face of Climate Change,’ successful a determination to connection method solutions to the clime change.

This year’s conference, organised by the Nigerian Insurers Association (NIA) volition bring unneurotic security practitioners, regulators, policymakers, and thought leaders representing countries crossed the West African sub-region.

Member countries of WAICA, namely Nigeria, Ghana, Sierra Leone, Liberia, and The Gambia, volition beryllium represented, making the league a genuinely determination level for cognition exchange, networking, and collaboration.

Speaking astatine a property briefing successful Lagos connected Tuesday, the president of the Local Organising Committee (LOC)! 2025 WAICA Education Conference! Ebelechuwu Nwachukwu said the lawsuit volition supply a strategical level for deliberations connected the interaction of clime alteration connected the security manufacture and actionable strategies to safeguard the aboriginal of security acquisition and practice.

According to her, “it is imperative for African insurers to prosecute successful robust discussions connected clime change, arsenic the continent faces unsocial vulnerabilities specified arsenic utmost upwind events, flooding, drought, and cultivation disruptions that straight interaction businesses, communities, and livelihoods.”

For insurers, she said, these challenges construe into rising claims, accrued hazard exposures, and the urgent request for innovative products and hazard absorption strategies, adding that, “by coming unneurotic astatine the WAICA conference, African insurers not lone fortify their corporate preparedness but besides presumption themselves to prosecute competitively with their planetary counterparts successful shaping sustainable security practices and clime resilience solutions.”

Assuring that, the Local Organising Committee (LOC) for the 2025 WAICA Education Conference has assembled an array of eminent section and planetary security manufacture leaders, dignitaries, and method experts who volition talk connected and critically dissect the taxable and assorted sub-themes of the conference, she added that, the LOC person enactment successful spot capable arrangements for the proscription and information of overseas delegates and different participants astatine the league to guarantee a seamless and harmless acquisition passim their enactment successful Lagos.

She pointed retired that the 2025 WAICA Education Conference promises to beryllium a landmark event, reinforcing determination practice and highlighting the captious relation of insurers successful responding to clime challenges portion offering delegates a unsocial accidental to acquisition the dynamism of Lagos.