In an address, Congo Insurance Regulation and Control Authority Director General Alain Kaninda reiterated that taking out insurance is mandatory in the Democratic Republic of the Congo under the Insurance Code and highlighted the strategic importance of the memorandum of understanding signed in May 2025 with NFRA, the Chinese insurance regulator.
Congo Insurance Regulation and Control Authority 2026-03-18
Congo Insurance Regulation and Control Authority reiterates mandatory insurance requirement and highlights strategic cooperation memorandum with China’s NFRA
Congo Insurance Regulation and Control Authority Director General Alain Kaninda emphasized the mandatory nature of insurance under the Insurance Code in the Democratic Republic of the Congo. He also highlighted the strategic significance of the memorandum of understanding signed with the Chinese insurance regulator, NFRA, in May 2025.