The Afro-Asian Federation of Insurance and Reinsurance comprises 245 members from 54 countries.
Rabat – The general assembly of the Afro-Asian Federation of Insurance and Reinsurance (FAIR) has elected Morocco as president of the federation for the next two years. Morocco will be represented by Youssef Fassi Fihri, general director of the Central Reinsurance Company (SCR).
The election took place on the sidelines of the 26th FAIR Conference. The conference started yesterday, September 23, in Marrakech. Nearly 1000 officials, decision-makers, and actors from 54 countries are taking part in the conference.
The board of directors of FAIR handed over the presidency from Bahrain, in the person of Yassir Albaharna, to Morocco’s Youssef Fassi Fihri during the opening ceremony of the conference.
FAIR comprises 245 member companies from 54 countries in Africa, Asia, and the Middle-East. The federation uses the reinsurance pool system for the benefit of Afro-Asian companies.
The 26th FAIR Conference is organized by SCR, between September 23 and 25, under the theme “The New Economic Barriers in the Afro-Asian Insurance Markets.” Representatives of various insurance and reinsurance companies in Asia, Africa, the Middle-East, and Europe are meeting to discuss the conference’s theme through different sessions and panels.
