![Supporting effective regulation and supervision of index-insurance in Francophone Africa Supporting effective regulation and supervision of index-insurance in Francophone Africa](/sites/default/files/styles/listing_690/public/1505755-K-Briefs_Regulatory%20Work12-17.pdf.png?itok=nryrVPFK)
The development of sustainable index-insurance markets requires enabling legal and regulatory environments The adoption of the “CIMA Book VII” on April 5th 2012 was a major milestone allowing and regulating the development ofmicroinsurance and index-insurance for 15 countries in the Inter-African Conference on the Insurance Market or CIMA region In addition to this regional regulatory change, the Global Index-insurance Facility (GIIF) has supported national insurance supervision agencies with this transition. In particular, GIIF has assisted the Senegalese Insurance Supervision Agency with the