Life insurance covers your life and also has provisions to provide a savings and investment avenue. Life insurance is a long-term contract and requires you to pay the premiums in monthly installments. Life insurance can be done for any value based on the premium the policy holder is willing...
Insurance is a key player in the financial space of the country. Undoubtedly, the financial sector - especially the banking sector - has experienced some challenges in recent times, following the regulatory authorities’ efforts to strengthen, stabilise and streamline its activities and enhance the sector’s capacity to provide the...
In the early 1990’s, the Life insurance industry like almost all other insurance industries experience an urge to merge. The total premiums of acquired Life insurance companies increased from USD18billion or 2% or world premium in 1994 to USD53billion or 5% of world premium in the first three quarters of...
Government’s decision to exempt the security agencies from the unification of pension schemes could affect the sustainability of the three tier pension system, the sector’s regulator, the National Pensions Regulatory Authority (NPRA), has lamented. Unification seeks to bring all parallel pension schemes under the three-tier system by 2021. But the...
The National Insurance Commission (NIC) has trained 62 youth as Insurances Sales Agents at Cape Coast in the Central Region. The youth training is for job creation that will ultimately lead to an increase in the insurance penetration rate. Also, it is to equip them for engaging the insuring public in...
Enterprise Life celebrated the hard work of 200 deserving Life Planners at an awards ceremony in Accra. The Annual Life Planners Awards Ceremony is a proprietary event hosted by Enterprise Life to reward outstanding Life Planners for the previous year. This event is borne out of the company’s culture of...
The Chartered Insurance Institute of Ghana, the educational arm of all insurance professionals in the country has announced the hosting of a credible industry award scheme which has eluded them for several years on November 28, 2020 at the Labadi beach hotel in Accra. Lydia Lariba Bawa, the immediate past...
The Vice President , Dr Mahamudu Bawumia, has inaugurated  and handed over an ultra-modern Infectious Diseases Treatment Centre at the 37 Military Hospital in Accra. Originally conceived in 2014 at the height of the Ebola crisis, the 25-bed facility, which also houses a Command Centre to coordinate the activities of...
The President of the Chartered Insurance Institute of Ghana (CIIG), Rev. Asante Marfo-Ahenkora has disclosed that Coronavirus has disrupted many activities planned for this year. This, he said has led to a postponement of scheduled programmes of the institute for the year 2020. He was hopeful that with the relative success...
Senior executives, Mrs. Freda Duplan, Chairperson, Zenith Bank Ghana Ltd Board of Directors, Mr Afriyie Oware, CEO, Axis Pensions Trust and Mr Nashiru Iddrisu, MD, Hollard Life Assurance are set to discuss how it’s never too early or late to plan your retirement goals this Friday, September 25, 2020,...
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