Government’s decision to exempt the security agencies from the unification of pension schemes could affect the sustainability of the three tier pension system, the sector’s regulator, the National Pensions Regulatory Authority (NPRA), has lamented.
Unification seeks to bring all parallel pension schemes under the three-tier system by 2021. But the...
The Managing Director of Donewell Life Insurance, Mr. Eric Atto Botwey –has said that they year 2020 has been difficult for most life insurance companies in the country.
“Donewell Life has not been an exception since we’ve all been saddled by the COVID-19 pandemic from March. It disrupted global and...
The award-winning Group Chief Executive Officer of Hollard Ghana, Mrs. Patience Akyianu has said that the greatest barrier to women leadership is the mind as she challenged women to rise above demotivating perceptions such as gender stereotypes.
“Women have so much to bring to the table. Our greatest barrier to...
Employees of Allianz Life Insurance, also known as Allianz Angels, have embarked on a social outreach programme as part of the company’s 3rd anniversary celebrations.
The Allianz Angels initiative, funded solely from employees’ contributions, on Thursday May 27, settled the medical bills of five children at the Tema General Hospital.
The...
Dr. Aaron Issa Anafure, Managing Director-Quality Life Assurance Company (QLAC), has authored a comprehensive book in life insurance titled ‘Practice of Life Assurance in Perspective’.
It was launched at the auditorium of the National Insurance Commission. The launch was attended by the crème de la crème of political big-wigs,...
Motor Insurance continued its dominance in the general insurance category of insurance business in the second quarter of 2021. It earned GH¢648,214,114 in the second quarter as against GH¢310,097,324 in the first quarter, representing a 52.2% increase.
Motor insurance contributed GH¢648,214,114 out of the total gross premium income of GH¢1,260,935,087...
Old Mutual Ghana has partnered with fintech company Eban Capital Limited to sign a memorandum of understanding with the Association of Small-Scale Industries (ASSI), to support Micro, Small and Medium Enterprises (MSMEs) operating in the manufacturing and service sectors.
Old Mutual Ghana, through this partnership, will offer insurance services to...
Prudential Life Insurance Ghana in collaboration with Prudence Foundation, the community investment arm of Prudential Plc in Africa and Asia, has announced their partnership with 3 institutions; United Nations Population Fund Ghana (UNFPA), National Cardiothoracic Centre and the Ghana Infectious Disease Centre (GIDC) to fund projects that are set...
The Month of June is largely referred to as ‘Environmental Awareness Month’, since World Environment Day is observed on a day in the month June every year as established by the United Nations Conference on Human Environment in Sweden’s capital Stockholm in 1972.
Events at this conference, notably the Stockholm...
The National Insurance Commission (NIC) has stated that starting September 1, 2022, without local marine insurance all commercial shipments into the country cannot be cleared.
According to the regulator of insurance, enforcement of the law on 'Marine Insurance' takes effect next month - meaning if goods are not insured locally,...