Imperial General Assurance has donated COVID-19 preventive items to two basic schools in Accra. The schools, St Peter’s Anglican Cluster of Schools and the Rashad Islamic School located at Ofankor and Mallam Atta respectively, both received 15,000 pieces of nose masks, 768 bottles of sanitizers, gallons of liquid soaps...
Insurance practitioners from Ghana have raised the country high in the just ended Africa Insurance Organisation Conference which has just ended in Nairobi – Kenya. The Practitioners include Mr. Shaibu Ali – Managing Director of KEK Insurance Brokers, Ghana, who has just been elevated as Vice Chairman of the...
The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA) and in accordance with Section 80 of the National Pensions Act 2008 (Act 766), has indexed monthly pensions upwards by 10% for the year 2021. A statement issued by the Trust explained...
Mr. Kwaku Yeboah-Asuamah, Chief Executive Officer of UT Life Insurance Company Limited, has adviSeD Insurance Agents not to sell insurance to policy holders without explaining into detail the contents. “Insurance agents do mis-selling; they do not take their time to explain policy-wording to the policy holders, and customers also do...
SIC Insurance Plc. has appointed Mr. Kenneth V. Acolatse as its General Manager, Finance & Administration (GM, F&A) Prior to taking up the new role, Mr. Acolatse was serving as its Head of Finance. He has over two decades of strong insurance industry expertise, investment management experience, regulatory and stakeholder relations...
The Managing Director at Priority Insurance, Mathew K.A Aidoo, has emphasized the insurance company’s dedication to prioritizing customer satisfaction and delivering outstanding non-life insurance solutions and services. Customer-centricity and product innovation are key success factors in the insurance industry, and Priority Insurance is at the forefront of enhancing customer experiences...
The Nigeria Stock Exchange (NSE) Insurance Index, which tracks insurance stocks, recorded the highest gain of 29.77 percent in January 2021 as insurers rallied on the back of suspension of the insurance industry recapitalisation exercise. The federal government had in December 2020, through the National Insurance Commission (NAICOM), suspended the...
“It’s hardly controversial to say that most people view their insurance providers with ambivalence. The overriding perception of insurance companies is that they’re needed, but not liked, relied on, but not trusted – James Eardley.” The National Insurance Commission (NIC) was established under Insurance Law 1989 (PNDC Law 227), and...
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...
Chief Executive Officer of Nationwide Medical Insurance, Nancy Ampah, has been adjudged the 2020 Baroness of Health Insurance in Ghana at the Business Executive Excellence Awards held in Accra. The awards seek to identify and publicly recognize private enterprises, public institutions and individuals that have displayed exemplary conduct and chalked...