The National Service Scheme has launched a 12- month insurance policy package for all National Service Personnel (NSP) across the country.
The package covers death, injury, medicals among other serious implications that may affect the wellbeing of personnel during the year of service.
According to the agreement, insurance company like Glico...
The Reinsurance sector in the country remains untapped, with a lot of room for growth in the provision of reinsurance capacity in the areas of oil and gas, marine, aviation and specialist liability risk.
Mr. Justice Yaw Ofori, Commissioner of the National Insurance Commission (NIC) who disclosed this at the...
Unique Insurance Company Limited in partnership with the Afro Asian Assistance a fully owned subsidiary of Trust Re, one of the world’s leading reinsurance companies from Bahrain has launched the first online travel insurance policy in Ghana for air travelers.
The policy which covers travelers, no matter which part of...
In the quest for making underwriting easy for insurance brokers in the country, Allianz Ghana has deployed an online underwriting tool dubbed: “Partner Platform” into the market.
The Partner Platform is an exclusive online underwriting tool designed by Allianz to enable Ghana Insurance Brokers Association (GIBA) members’ underwrite policies directly.
Martin...
Senior Minister Yaw Osafo-Marfo has said Ghana’s and Africa’s industrial dream is dependent on a well-developed insurance sector, capable of pulling together resources to support long-term development.
Speaking at the opening ceremony of the African Insurance Organisation’s (AIO) 45th Conference and Annual General Assembly in Accra, Mr. Osafo-Marfo said it...
The insurance industry intends to start publishing claims paid to clients, on an annual basis, in a bid to change the perception among members of the public that the industry loathes claims payments.
“We are thinking, actually, of the insurance industry publishing the quantum of claims paid in a...
The Ghana Oil and Gas Insurance Pool (GOGIP) has started a three-day energy insurance training programme today, under the theme ‘Reliable Upstream & Offshore Energy Insurance Training’, at the Golden Tulip Hotel, Accra. 50 delegates made up of insurance and reinsurance companies, insurance brokers, independent oil companies and regulatory...
Chief Executive Officer of Donewell Insurance Company Limited, Seth Aklasi, has stated that the company has exceeded the National Insurance Commission's minimum capital requirement of GHS 15 million.
According to him, the company has so far made GHS 23 million. He said Donewell is fully capitalized and has a clear...
Regulator cries it has no power to prosecute defaulters
Most private sector employers are yet to comply with provisions of the Tier-2 pension scheme, which mandates companies to contribute 5 percent into a privately managed pension scheme.
Out of 51,466 private establishments/companies active under the Social Security and National...
MANAGING Director of Africa Reinsurance Corporation (Africa Re), Mr Corneille Karekezi has advised the continent’s insurance industry to leverage on the current technology revolution in order to remain relevant.
Speaking at the 25th annual conference of the Federation of Afro-Asian Insurers and Reinsurers in Bahrain recently, Karekezi said that the...
