The general not-too-favourable perception about insurance seems to be taking longer to be minimised than expected. Many persons still feel aggrieved by the way motor insurance claims especially are...
GN Reinsurance Company has emerged as a profitable Reinsurer by posting an underwriting profit of GH¢2.4 million in the 2016 financial year. The reinsurer also grew its premium income by 57.1 per...
Donewell Insurance has presented an interim cheque of Gh¢142,000.00 to officials of GN Bank, pending the submission of final documents for the fire loss which occurred in April 2017, at the bank’s...
Some players in the banking industry have indicated of their plans to expand their operations with insurance companies to increase penetration in the insurance market. According to them, the slow...
Economist, Dr. Lord Mensah has suggested that the response to government’s 15 year energy sector bond will determine the investor confidence in the Ghanaian economy. In his view, the interest to be...
Car owners, especially commercial drivers, now have the opportunity to pay for their auto insurance in weekly installments in Ghana following the introduction of “Apakan” by NSIA Insurance Ghana....
NSIA Insurance has out-doored a new product, Apakan, together with the launch of its new office at Lapaz in Accra over the weekend. Apakan, a digitally supported payment system product, tailored...
Currently, the sector’s contribution to the Gross Domestic Product(GDP) of the country is estimated below 1.5 percent. Countries such as Nigeria and Kenya are said to have insurance penetration of...
Commissioner of Insurance, Madam Lariba Bawa, has stated that insurance companies must be financially sound and liquid to be able to honour their obligations. This, according to her, requires that...
The National Insurance Commission (NIC) has urged insurance companies that are struggling to meet the minimum capital requirement to consider merger before the time given them to meet the condition...
NATIONAL Insurance Commission (NIC) has called for an amendment to the Insurance Act, 2006 (Act 724), to ensure that all government properties are insured. Per the Insurance Act 2006, as it exists...
Devastating earthquakes, floods, hailstorms and wildfires, along with man-made devastation, helped push global disaster costs to $175 billion (161 billion euros) last year, reinsurer Swiss Re said on...
The National Insurance Commission (NIC) has called for an amendment to the Insurance Act, 2006 (Act 724) to ensure that all government properties are insured. Per the Insurance Act 2006, as it...
The National Insurance Commission (NIC) has bemoaned the practice where governments sign major contracts with foreign companies and allow the insurance component also to be repatriated out of the...
The National Insurance Commission (NIC) Task-force has arrested the heads of two companies in the Greater Accra Metropolis for failing to insure their commercial property. The companies are the...
The National Insurance Commission (NIC) has bemoaned the practice where governments sign major contracts with foreign companies and allow the insurance component also to be repatriated out of the...
The National Insurance Commission (NIC) Taskforce has arrested the heads of two companies in the Greater Accra Metropolis for failing to insure their commercial property. The companies are the...
The National Insurance Commission (NIC) Taskforce has arrested the heads of two companies in the Greater Accra Metropolis for failing to insure their commercial property. The companies are the...
AS Ghana marks sixty (60) years of independence, it is important to look back and take stock of the immense contribution of GLICO to the development of Ghana. For three (3) decades and counting,...
GHANA Insurers Association (GIA) will hold its 4th National Life Insurance Conference on April 11 2017, at the grand Movenpick Ambassador Hotel in Accra. It will be under the theme: “Extending...
