Fidelity Security Limited (FSL), the asset management subsidiary of Fidelity Bank Ghana, has introduced the Fidelity Money Market Trust Fund to meet the short-term recurrent needs of investors such as school fees, rent, and other pressing financial issues.
The Money Market Fund is ideal for individuals, institutions, pension fund managers,...
Sunu Assurances Ghana Limited a market leader in digital insurance services donated Ten (10) state-of-the-art computers to the Cape Coast Technical University on 24th June 2022. This is in line with the company’s corporate social initiatives and affirms the company’s dominance of the digital insurance space.
Presenting the computers on...
Bancassurance is now a key product or distribution line in the insurance sector in recent times. Bancassurance commonly means selling insurance products under the roof of a bank. Though bancassurance had its roots in France in the 1980s and spread across different parts of Continental Europe, it has spread...
Old Mutual Ghana, a subsidiary of pan-African investment, savings, insurance, and banking group, Old Mutual, has said it plans within the next five years is to expand its footprint across the industry and Ghana.
According to Helen Amerley Amarquaye, Board Chair of Old Mutual Ghana, this forms part of the...
Star Assurance Company Limited has urged employers to protect their staff who may be injured or become ill at work by signing up for the Workmen’s Compensation Insurance Policy.
The policy is derived from the Workmen’s Compensation Act, 1987 PNDC Law 187, and covers death, diseases, illness and injury sustained...
Prudential Life Insurance Ghana, one of the leading insurers in the country, has appointed Dr Hazel Berrard Amuah as Chief Executive Officer.
She replaces Emmanuel Mokobi Aryee who has been appointed Regional Chief Executive Officer for East, Central, West and Southern Africa, overseeing our Ghana, Nigeria, Zambia, Kenya and Uganda...
Zeepay, United Nations Capital Development Fund (UNCDF) and MoneyGram have announced a new additional service offered by Zeepay and UNCDF exclusively for MoneyGram's customers to complement the life of the remitter and their friends and families back home.
The service is designed as a Micro Insurance product - known as...
industry set to increase contribution to GDP by 3%
The insurance sector’s contribution to Gross Domestic Product (GDP) could increase by about 3 percent in the next ten years, given patronage of microinsurance products by the informal sector.
Insurance contribution to national output is barely one percent at the moment,...
Seasoned insurance and remittance experts have stressed the insurance industry’s need to strategically cooperate with remittance providers, saying such a move will be critical in driving the country’s insurance penetration.
According to them, since remittances remain a critical social lifeline to mostly poor households in Low and Middle-Income Countries (LMICs)...
The Managing Director of Imperial General Assurance, Mr. Robert Wugah, has announced that his company has met the new minimum capital requirement of GH¢50million set by the National Insurance Commission (NIC).
He said the new capital injection into the company has positioned it to expand its operations across the country...