Mobile insurance premiums reach GH¢5m

The total value of premiums from mobile insurance --- one of the components of microinsurance (m-insurance), reached GH?5million in 2014 from 4.3 million policyholders with experts calling on insurance companies to exploit the huge market potential. While the insurance sector accounts ... — Read More

African Reinsurance market hits $64 Billion

There are strong indications pointing to the growth of the Africa’s Reinsurance Market in the next five years. The latest reports from African Reinsurance pulse launched at the 21st African Reinsurance forum in Dakar Senegal have stated that the market is ... — Read More

Insurers put to test regional integration

The President of Sierra Leone, Dr. Ernest Bai Koroma has informed across section of Insurers that regional integration is being put to test.The President made this stunning revelation at the just ended West African Insurance Companies Association (WAICA) 2016 Educational Conference ... — Read More

Unique Life pays GH¢650,000 in claims

Unique Life Assurance Company Limited (U-Life Assurance) has paid GH¢650,000.00 as claims to its clients within the last month.A major beneficiary of the claim is the Ghana Mine Workers Union, which received claims to the tune of GH¢245,000.00. The amount which ... — Read More

Insurance policy rolled out for fisher folks

The United States Agency for International Development (USAID) and four other organisations have signed an agreement under an initiative to provide life micro-insurance for fisher folk within the fishing communities in the country.The agreement forms part of commitments to transform and ... — Read More

RegencyNEM Insurance unveiled

RegencyNEM Insurance Ghana Limited, born out of a merger between Regency Alliance Insurance and NEM Insurance Ghana Ltd., has been officially launched in Accra.With the merger, the two companies have joined strengths and resources to increase financial capacity, improve service delivery ... — Read More

Vanguard Assurance pays GHs 380,000 as claim

Vanguard Assurance has paid out Ghs 380,000 as motor claims to its broker Horizon Insurance Brokers for onward submission to their clients last week.Dr. Gideon Amenyedor, Executive Vice Chairman in a brief ceremony said the CIMG Hall of fame insurer has ... — Read More

Ghana RE donates to support institutions

Ghana’s foremost reinsurer, Ghana Reinsurance Company has presented Cheques totaling GHs 165,000 to seven selected institutions last week.The institutions are College of Health Sciences, Korle – Bu, Accra- GHs 30,000, Ghana National Trust Fund – GHs 22,500, University of Ghana Students ... — Read More

First Half Premium Earnings Improve

Ghana’s Life insurance Industry improved its premium income earnings in the first half of 2016Unaudited income figures available to B&FT indicated that 16 out of 23 life companies earned a total premium income of GH 394,160,038 by the close of June ... — Read More

Ghana to Host AIRDC Board Meeting

Ghana Insurance Industry has been granted the hosting rights for the next Board of Trustees meeting of the Association of Insurers and Reinsurers of Developing countries (AIRDC) in 2017.The hosting rights were announced at the close of the 20th edition of ... — Read More

ISI committed to insurance business

Insurance Systems Inc. (ISI) says it is dedicated to providing technology solutions to the P&C insurance industry in the country.The company take an integrated approach to policy administration. This means that it doesn’t believe it ends once the policy is out ... — Read More

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