Nairobi Declaration on Sustainable Insurance: Harnessing African insurance markets to achieve a Sustainable Future

31 March 2022
Lagos, Nigeria

The UN Environment Programme Finance Initiative’s Principles for Sustainable Insurance (PSI) initiative, FSD Africa, and the National Insurance Commission (NAICOM) of Nigeria will be hosting the Nairobi Declaration on Sustainable Insurance C-Suite meeting  to be held in-person on 31st March 2022 in Lagos, Nigeria.

Endorsed by the UN Secretary-General, the Principles for Sustainable Insurance (PSI) are a global framework for the insurance industry to address environmental, social and governance risks and opportunities. Over 200 organizations worldwide have adopted the Principles for Sustainable Insurance (PSI), including insurers representing almost 30% of world premium volume and more than USD 14 trillion in assets under management.

The Declaration on Sustainable Insurance is an African industry-wide PSI initiative aimed at leveraging the collective financial might of the African insurance industry towards a sustainable future. It was launched at the 4th PSI African Market Event in April 2021 and is a statement of commitment by African CEOs and other senior industry leaders to strengthen the African insurance industry’s contribution to achieving the SDGs.

This C-suite meeting is part of a series of events that will take place throughout the year as we bring together senior leaders to accelerate solutions to major sustainability challenges – ranging from climate change and ecosystem degradation to poverty and social inequality – particularly in a post-COVID-19 world.

This breakfast will convene CEOs and Senior Executives from insurers, reinsurers, brokers, insurance associations, regulators, and policymakers, as well as academia and civil society organisations to discuss (among others):

  • The role of the African insurance industry in enabling a healthy, safe, resilient and sustainable society
  • Policy, regulatory and industry engagement
  • The need for collaboration

To register for the event and for more information including the agenda, please click here or email Ms Zillah Malia at


Programme of Events

Time Topic
08:30 – 09:00 Arrival & Registration
09:00 – 09:15 Welcome and introductory remarks Zillah Malia| Manager, Risk and Resilience – FSD Africa
09:15 – 09:45 Opening remarks Mark Napier |CEO – FSD Africa

Ben Llewellyn-Jones OBE | Deputy High Commissioner, UK High Commission in Nigeria
Thomas Olorundare | Commissioner for Insurance, NAICOM

09:45 – 11:00 Panel Discussion – The role of Insurance in achieving a Sustainable Future Facilitator: Kelvin Massingham | Director, Risk and Resilience, FSD Africa


Lesley Ndlovu | CEO

Rashidat Adebisi | Chief Client Officer, AXA Mansard

Adetola Adegbayi | Executive Director, Leadway Assurance

Rukaiya El-Rufai | Climate Change and Public Sector Risk Assurance Services

Dr Femi Oyetunji | Retired GMD, Continental Reinsurance Plc

11:00 – 11:30 Q & A
11:30 – 11:45 An Overview of Sustainable Development Projects Urban Resilience Finance in Lagos State

Thomas Wiechers | Assistant Director FSD Africa

Solape Hammond |Special Adviser (SDG &Investments)Lagos State

Integrating PSI ESG Guide in Insurance

Caesar Mwangi CEO ICEA Lion Group

12:10 – 12:30 Endorsement of the Nairobi Declaration on Sustainable Insurance Reuben Wambui Africa Regional Coordinator UNEP’s Finance Initiative
12:30 – 12:35 Closing and Vote of Thanks Kelvin Massingham | Director, Risk and Resilience, FSD Africa
12:35 Lunch