The Regional Insurance Control Commission (, CRCA) is a supranational insurance supervisor established in 1993 and based in Libreville, Gabon. It is the single authority for insurers in the eight countries of the West African Monetary Union (French acronym UMOA), the six countries of the Economic and Monetary Community of Central Africa (CEMAC), as well as the Comoros, thus covering 15 countries in total: Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Comoros, Equatorial Guinea, Gabon, Guinea Bissau, Ivory Coast, Mali, Niger, Republic of the Congo, Senegal, and Togo.
Overview
The CRCA is the regulatory and supervisory arm of the (, CIMA), a regional body that seeks to promote insurance market development. The statute of the CRCA was signed in Abidjan in September 1993, and it started operations in August 1995. The members of the Commission include representatives of the ministry of charge of the insurance sector in six of the participating countries.
Leadership
Ahmadou Kourouma, Chairman 1995-1997 Frédéric Dabira Nikienta, Chairman 2002-2008 Demba Samba Diallo, Chairman 2008-2014 Bédi Gnagne, Chairman 2014-2020 Mamadou Sy, Chairman 2020-2023
See also Banking Commission of the West African Monetary Union (CB-UMOA) Central African Banking Commission (COBAC) Financial Markets Authority of the West African Monetary Union (AMF-UMOA) Central African Financial Market Supervisory Commission (COSUMAF) European Insurance and Occupational Pensions Authority (EIOPA) List of financial supervisory authorities by country
References