Dreamoval, a lead Fintech entity in partnership with Star Assurance, has introduced ‘Kowri Protect’ – an innovative insurance initiative to provide cover for micro, small and medium-scale enterprises (MSME) who use the platform to protect their investments as well as deepen insurance penetration.
This special insurance product, which is tailored...
Hollard Life Assurance, a subsidiary of the insurance group Hollard Ghana, has partnered with leading wellness company Lotus Detox and Wellness Centre. The partnership will reward their premium customers with a free life insurance package of up to GH¢20,000.
Hollard's comprehensive life insurance package covers total and permanent disability, temporary...
Value of business done stands at GH₵2.3 billion
The Motor Insurance industry realised a growth rate of 26 percent in 2021, being an 11 percent decline from the previous year; but saw an appreciation in the value of business undertaken - GH₵2.3billion for the year under review.
The industry’s...
WAICA Reinsurance Corporation has promised to support the winner of its maiden edition of 'Annual Corporate Social Responsibility (CSR) Competition Project and Ambassadors for 2021/2022' with US$100,000, across all its operating countries.
Established in 2011 with the philosophy of strengthening the financial sector of the sub-region by providing greater and...
The newly-elected President of the Pharmaceutical Society of Ghana (PSGH), Samuel Donkor, has appealed to government for some more attention geared at the creation of a pharmaceutical hub for the sub-region and the continent.
According to him, the sector’s potential is huge and a little more support from government would...
It has been a year and three months since the last board of the National Pensions Regulatory Authority (NPRA) was dissolved, just like many other state institutions.
Whereas most of those institutions have had their boards reconstituted, that of the NPRA, a critical state institution whose work borders on ensuring...
The Chartered Insurance Institute of Ghana (CIIG) has held its first webinar on insurance-business continuity and professional development to help members answer insurance industry-related questions surrounding COVID-19.
The webinar, themed ‘The Impact of COVID-19 on the Insurance Industry of Ghana; Products, Productivity & Profitability’, presented an opportunity for organisations to...
Axis Pensions Group has stated that the Coronavirus disease was impacting negatively on some aspects of investments but said the group will rely on its superior knowledge in investments to deliver optimal returns to clients.
The group's Chief Investment Officer (CIO), Nana Wiafe Boamah, said that the pensions and investment...
The bankruptcy of crypto-currency exchange (FTX) is the latest example of a corporate collapse resulting from governance failure, AM Best has said. AM Best, international rating agency, stated that the series of events leading to the collapse of FTX should warn insurers.
AM Best said they would take a favourable...
The West African Reinsurance Corporation (WAICA Re) has announced that its underwriting profit grew from US$5.0million in 2019 to US$8.8million in 2020, a growth rate of 77 percent
The company at its 8th Annual General Meeting (AGM), held virtually at the weekend, recorded a net claims of US$30.5million in its...