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[NEWS] INSURANCE

NIC To Sanction Defaulters

The National Insurance Commission (NIC), the industry regulator has declared its intentions to hit hard on General Insurance Companies who are allegedly undercutting rates as a result of recent increase in motor insurance tariffs.

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EIC Pays Claim To Tema Lube


Enterprise Insurance Company Ltd (EIC) has paid a claim worth GH¢110,078.35 to the Tema Lube Oil Company (TLOC).

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Life Insurers Maintain Growth Momentum


The life insurance market retained its momentum of income growth by the close of the second quarter of the year, as 17 underwriting companies recorded a 117.3% increase - from GH¢37.9 million in the 1st quarter to GH¢82.4 million during the second quarter.

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Golden Life Assures Policyholders Of Quality Service

For many observers of the life insurance industry in Ghana, the recent change of name from CDH Life Assurance Company Limited to Golden life Assurance Company signals a new era of quality service delivery.

.....[more]

SIC Insurance Sponsors 2009 Best Farmer………And Spouse To Bangalore, Ind


The 2009 National Best Farmer, Mr. Davies Narh Korbie and his spouse left the shores of the country to attend the Bangalore International Agric Show in India, under the sponsorship package provided by SIC Insurance Company Limited.

.....[more]

New Motor Insurance: Bridging The Gap Between Patronage Of Comprehen


Introduction & attitude towards Motor Insurance in Ghana

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New Motor Insurance: Bridging The Gap Between Patronage Of Comprehensi

Introduction & attitude towards Motor Insurance in Ghana

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Donewell Insurance Restructures For Improved Service Delivery


Donewell Insurance Company (DIC), the nation’s 7th-largest premium income earner, has announced the restructuring of its management team to improve efficiencies and for better service delivery as the company strives to consolidate its position as Ghana’s fastest-growing un.....[more]

KEK Insurance Brokers Announce Promotions

The Board of Directors of KEK Insurance Brokers Limited, Ghana’s biggest insurance brokerage company, has announced the promotions of three top-management staff.

.....[more]

Insurers May Soon Underwrite Agricultural Insurance


There are strong indications that insurance companies underwriting the non-life business may soon add Agricultural insurance to their portfolio.

.....[more]

  NSIA Ghana Insurance Outdoors Company Cloth

  CIIN Takes Insurance CEO’s To India

  ULife Grows Premium Income By 160.48%

  Joining With Your Provident Fund (Pf) Scheme (2)

  Life Insurance Income Picks Up In First Quarter

  Starlife Assurance Appoints CIO

  Capital Express Life Repositions

  SIC Insurance May Move Into Reinsurance Business

  GLICO Pays GHC 20,000 Claim To MP

  Unique Insurance’s Income Dips

  Starlife Trains UniBancassurance Executives

  SIC Insurance May Move Into Reinsurance Business

  Starlife Trains UniBancassurance Executives

  Sic Life Believes In Competition

  Political Risk Insurance - Danger Areas

TREASURY BILL RATES
 Maturity 03 Sep, 10 

 Prime Rate

 91-Day Bill

12.68% 

 182-Day Bill

13.13% 

 1-Year Note

13.40% 

 2-Year Note

13.40% 

 Total Offered

 

COMMODITIES
 Commodity P. Price  C. Price 

 Brent Crude

74.42 

74.42 

 COCOA

3,234.00 

3,234.00 

 COFFEE

134.15 

134.15 

 GOLD

3,169.00 

1,233.44 

 GOLD

 

1,233.44 

2010 MACROECONOMIC TARGETS
 Item Target 

 GDP

6.5% 

 Average Inflation

10.5% 

 End Period Inflation

9.2% 

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