A press release issued in Monrovia on Tuesday stated that in remarks on Monday to open the training course, WAICA-Reinsurance managing director and CEO Abiola Ekundayo underscored the
importance of building the capacity of people in the insurance sector, to help them handle some of the challenges and deliver good services to the people.
The five-day capacity building course is taking place at the premises of the Central Bank of Liberia in Monrovia.

WAICA-Reinsurance was established in 1973 to help mitigate the effects of the lack of reinsurance in the sub region.
CEO Ekundayo said the main objective of the company is to provide reinsurance services to the insurance sector in West Africa and other regions, declaring that “insurers are important people in every society.”
The deputy Director for Insurance at the Central Bank of Liberia, Matthew J. Innis, opened the course, and urged the participants to take advantage of the training for the betterment of the insurance
sector.

“I want you to leave from here with the potential to help in transforming the insurance sector of West Africa and the world at large. You have left your various institutions and countries to acquire new knowledge and skills that will help put your entity in different looks and positions,” Innis told the participants drawn from the five English speaking West African countries of Liberia, Ghana, Nigeria, The Gambia and Sierra Leone.