Quality Insurance Company has launched a comprehensive motor insurance policy targeting ‘Baby Boomers’ with the promise of providing protection for their vehicles as well as additional health and social benefits. Baby Boomers - persons from the generation born between 1946 and 1966 - according to QIC are the target audience...
Hollard Insurance, a subsidiary of the Insurance Group, Hollard Ghana was adjudged for the second time, Insurance Company (General) of the Year at the prestigious Chartered Institute of Marketing Ghana (CIMG) awards over the weekend at the plush Labadi Beach Hotel. The annual National Marketing Performance awards was held under...
Dr. Justice Yaw Ofori, Commissioner-National Insurance Commission, has disclosed that a total of GH¢320million was transferred to foreign reinsurers in 2020. According to the Commissioner, GH¢190million was also transferred by the close of the second portal in 2021. He made this disclosure at the 12th awards ceremony while commenting on...
The Social Security and National Insurance Trust (SSNIT) has paid out a little over GH¢2.7 billion, to retired workers and dependents of deceased members, from the beginning of the year to September 2021, the Director-General of SSNIT, Dr. John Ofori-Tenkorang, has disclosed. This follows a similar payment of a total...
SIC Insurance Company Limited, the nation’s second-largest premium income earner and Ghana Union Assurance Life have been adjudged top-most cedants to the Ghana Reinsurance Company (Ghana Re) at the 12th edition of their Annual Awards last week Friday. It was held under the theme: “The African Continental Free Trade...
Women's World Banking has announced People's Pension as one of two winners for its Third Annual Fintech Innovation Challenge. The challenge is part of the organization's Making Finance Work for Women Thought Leadership Series. Each year, the challenge provides a global stage for fintechs to present innovative solutions and...
Previous Hollardite writers have educated us on various insurances. This topic will add to our learnings but may seem complicated at first glance. Let’s talk about IFRS. What is IFRS? I’ll start by breaking it down. IFRS is an abbreviation for International Financial Reporting Standard.  IFRS specifies how particular types of...
Imperial General Assurance, a non-life insurance solutions provider, has outdoored ImperialHub - its latest technological innovation to assist customers buy or renew motor insurance on WhatsApp. With ImperialHub, customers can buy their motor insurance policies within five (5) minutes no matter their location, any day and anytime. Customers are only...
…as the company donates to regional hospital Mr. Victor Obeng-Adiyiah, Managing Director, Unique Insurance Company has reviewed to the insuring public that the Teachers’ Fund (GNAT) has increase its shareholding in the company to 95%. This has made the company the only local Ghanaian company within Ghana’s Insurance industry with...
The West African Insurance Company Association (WAICA) has inducted Mr. Saye Gbalazeh as its new president. He took over from Raymond Maculay in an impressive ceremony held in Monrovia Liberia. Gbalazeh is the Managing Director of Activa International Insurance Liberia Limited, a member company of the Activa group with presence...