Our society is increasingly progressive. Stone Age made way for the Industrial and Information Ages. In recent times, the introduction of computers and numerous software has led to a simplification of work and extinction of some jobs. We have become better off with these developments in business, health, travel, education,...
Cyber is a relatively new, evolving risk. Insurers manage their exposures, in part, by setting coverage limits and excluding events they don’t want to insure. Increasing cybercrime incidents resulting in large losses – combined with some carriers retreating from writing the coverage – are driving cyber insurance premiums sharply higher. Once...
Beginning October 2, 2021, the Social Security and National Insurance Trust (SSNIT) will offer Saturday services to its members and the public from 9:00am to 2:00pm at some selected branches. These selected branches include the Trust Towers, Legon, Airport City and North Industrial Area, all in Accra. Tema Habour and...
Allianz Insurance, a subsidiary of the global giant Allianz Group, has launched a consumer-reward promotion to reward motor or home accident insurance clients, among others, with portable free first-aid kits to be of assistance at their point of health need. The promo, which is dubbed ‘Allianz Cares’, is aimed at...
The Anidaso Mutual Fund is expected to record an annual return of 18% by the close of the financial year, 2021, against its inability to meet its operational target during the 2020 year under review. The Fund posted a Net Asset Value of approximately GH¢2.6million at the end of the...
As evidence towards its commitment to promoting national development and driving financial inclusion, the domestic arm of the pan-African, Ecobank, has formally joined hands with leading pensions provider, People’s Pension Trust (PPT) to reach the nation’s largely untapped informal sector. According to the pensions industry watchdog, the National Pensions Regulatory...
Priority Insurance Company Limited, a wholly Ghanaian-owned insurance company and a member of the prestigious Tobinco Group of Companies, has inaugurated a Northern sector office situated at Suame in the Ashanti Region. The company has also renovated its Asafo branch office, also in Ashanti Region, to fulfil its core values...
This is a follow-up from the Inception Workshop held in March 2021 as the first in a series of activities to develop a Diagnostic Report for Inclusive Insurance and Risk Finance and integrating insurance into development in Ghana. The diagnostic report seeks to identify the current state as well as...
Established insurance company GLICO Group has picked three awards in a recently held esteemed 2021 Ghana Insurance Awards in Accra. The vibrant company stood out in three different categories of its subsidiaries-GLICO General, GLICO Life and GLICO Healthcare. The company’s outstanding performance in the year under review attracted the attention of...
A leading corporate trustee, Axis Pension Trust Limited, held the third edition of its Annual Pre-Retirement Seminar in Accra. The event, which was the first of its kind at the time of introduction, is inspired by the mission of the organization to empower the Ghanaian worker to retire with...