Ghana’s National Insurance Commission (NIC) has outlined a training and knowledge exchange programme for the Insurance Department of the Central Bank of Liberia (CBL) to support the development of Liberia’s insurance regulatory and supervisory framework. The study visit was scheduled for Nov. 2-6, 2026, with particular emphasis on risk-based supervision (RBS) and risk-based capital (RBC).
The programme was designed to develop the technical skills and practical knowledge needed for a transition to risk-based regulation, drawing on Ghana’s regulatory framework and supervisory experience. Its scope includes the International Association of Insurance Supervisors (IAIS) Insurance Core Principles, supervisory practices and compliance. Training also addresses market conduct and capital requirements, alongside operational capabilities such as human resource management and information technology.