Regional Insurance Control Commission
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The Regional Insurance Control Commission (, CRCA) is a supranational insurance supervisor established in 1993 and based in
Libreville Libreville (; ) is the capital and largest city of Gabon, located on the Gabon Estuary. Libreville occupies of the northwestern province of Estuaire Province, Estuaire. Libreville is also a port on the Gabon Estuary, near the Gulf of Guinea. A ...
,
Gabon Gabon ( ; ), officially the Gabonese Republic (), is a country on the Atlantic coast of Central Africa, on the equator, bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo to the east and south, and ...
. 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 The Economic and Monetary Community of Central Africa, generally referred to by its French acronym CEMAC (for Communauté Économique et Monétaire de l'Afrique Centrale; ), is an organization of states of Central Africa established by Cameroon, C ...
(CEMAC), as well as the
Comoros The Comoros, officially the Union of the Comoros, is an archipelagic country made up of three islands in Southeastern Africa, located at the northern end of the Mozambique Channel in the Indian Ocean. Its capital and largest city is Moroni, ...
, thus covering 15 countries in total:
Benin Benin, officially the Republic of Benin, is a country in West Africa. It was formerly known as Dahomey. It is bordered by Togo to the west, Nigeria to the east, Burkina Faso to the north-west, and Niger to the north-east. The majority of its po ...
,
Burkina Faso Burkina Faso is a landlocked country in West Africa, bordered by Mali to the northwest, Niger to the northeast, Benin to the southeast, Togo and Ghana to the south, and Ivory Coast to the southwest. It covers an area of 274,223 km2 (105,87 ...
,
Cameroon Cameroon, officially the Republic of Cameroon, is a country in Central Africa. It shares boundaries with Nigeria to the west and north, Chad to the northeast, the Central African Republic to the east, and Equatorial Guinea, Gabon, and the R ...
,
Central African Republic The Central African Republic (CAR) is a landlocked country in Central Africa. It is bordered by Chad to Central African Republic–Chad border, the north, Sudan to Central African Republic–Sudan border, the northeast, South Sudan to Central ...
,
Chad Chad, officially the Republic of Chad, is a landlocked country at the crossroads of North Africa, North and Central Africa. It is bordered by Libya to Chad–Libya border, the north, Sudan to Chad–Sudan border, the east, the Central Afric ...
,
Comoros The Comoros, officially the Union of the Comoros, is an archipelagic country made up of three islands in Southeastern Africa, located at the northern end of the Mozambique Channel in the Indian Ocean. Its capital and largest city is Moroni, ...
,
Equatorial Guinea Equatorial Guinea, officially the Republic of Equatorial Guinea, is a country on the west coast of Central Africa. It has an area of . Formerly the colony of Spanish Guinea, its post-independence name refers to its location both near the Equ ...
,
Gabon Gabon ( ; ), officially the Gabonese Republic (), is a country on the Atlantic coast of Central Africa, on the equator, bordered by Equatorial Guinea to the northwest, Cameroon to the north, the Republic of the Congo to the east and south, and ...
, Guinea Bissau,
Ivory Coast Ivory Coast, also known as Côte d'Ivoire and officially the Republic of Côte d'Ivoire, is a country on the southern coast of West Africa. Its capital city of Yamoussoukro is located in the centre of the country, while its largest List of ci ...
,
Mali Mali, officially the Republic of Mali, is a landlocked country in West Africa. It is the List of African countries by area, eighth-largest country in Africa, with an area of over . The country is bordered to the north by Algeria, to the east b ...
,
Niger Niger, officially the Republic of the Niger, is a landlocked country in West Africa. It is a unitary state Geography of Niger#Political geography, bordered by Libya to the Libya–Niger border, north-east, Chad to the Chad–Niger border, east ...
,
Republic of the Congo The Republic of the Congo, also known as Congo-Brazzaville, the Congo Republic or simply the Congo (the last ambiguously also referring to the neighbouring Democratic Republic of the Congo), is a country located on the western coast of Central ...
,
Senegal Senegal, officially the Republic of Senegal, is the westernmost country in West Africa, situated on the Atlantic Ocean coastline. It borders Mauritania to Mauritania–Senegal border, the north, Mali to Mali–Senegal border, the east, Guinea t ...
, and
Togo Togo, officially the Togolese Republic, is a country in West Africa. It is bordered by Ghana to Ghana–Togo border, the west, Benin to Benin–Togo border, the east and Burkina Faso to Burkina Faso–Togo border, the north. It is one of the le ...
.


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 Abidjan ( , ; N'Ko script, N'ko: ߊߓߌߖߊ߲߬) is the largest city and the former capital of Ivory Coast. As of the Demographics of Ivory Coast, 2021 census, Abidjan's population was 6.3 million, which is 21.5 percent of the overall population ...
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 The Banking Commission of the West African Monetary Union (, CB-UMOA) is a supranational bank supervisor established in 1990 and based in Abidjan, Ivory Coast. It is institutionally part of the Central Bank of West African States (French acrony ...
(CB-UMOA) *
Central African Banking Commission The Central African Banking Commission (, COBAC) is a supranational bank supervisor established in 1993 and based in Libreville, Gabon. It is institutionally part of the Bank of Central African States (French acronym BEAC) and is the single ban ...
(COBAC) * Financial Markets Authority of the West African Monetary Union (AMF-UMOA) *
Central African Financial Market Supervisory Commission The Central African Financial Market Supervisory Commission (, COSUMAF) is a supranational markets regulator established in 2019 and based in Libreville, Gabon. It is the single securities authority for the six countries of the Economic and Mone ...
(COSUMAF) * European Insurance and Occupational Pensions Authority (EIOPA) *
List of financial regulatory authorities by jurisdiction In this list of financial regulatory and supervisory authorities, central banks are only listed where they act as direct supervisors of individual financial firms, and competition authorities and takeover panels are not listed unless they are set ...


References

West African Economic and Monetary Union CEMAC International organizations based in Africa {{Africa-stub