Vanguard Assurance Company (VAC), a leading indigenous non-life underwriter has rewarded its Sales Agents who contributed to its financial performance  for year 2020 and also used the opportunity to launch its 2021 sales League in Accra Last week. The Sales League is a programme designed to concurrently deepen collaboration and...
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...
Enterprise Life Assurance Company (Nigeria) Limited, a few months after receiving its operating licence from the National Insurance Commission (NAICOM), has opened its doors to the general public. It will be recalled that in November 2020 the company, which is a subsidiary of Enterprise Group PLC with headquarters in...
Envisage that you're deliberating on motor insurance coverage with a potential insurer who queries why he/she should pay an annual premium even if he/she doesn't make a claim. Bearing in mind that an insurance contract encompasses fortuitous events and the exchange of unequal amounts, how can you explain to...
Allianz Life Insurance Ghana organized a webinar on the implications of the African Continental Free Trade Agreement (AFCFTA) on the Insurance sector. This webinar was attended by members of the Insurance Brokers Association of Ghana (IBAG), members of the Chartered Insurance Institute of Ghana (CIIG), Allianz staff and other...
Justice Peprah Agyei, Western Regional Manager of the National Insurance Commission (NIC), has advised the general public to verify the authenticity of motor insurance for vehicles before they use their services. “This is important because we, the general public, are the third-parties and we receive compensations under this cover. The...
One of the most important lessons from the pandemic-struck 2020 is the need to stay safe. Alongside staying safe, the uncertainties brought about by the scourge of the virus means that protecting one’s income has also become more critical. Mitigating risks presented by the pandemic ought to be of topmost...
Enterprise Life, Nigeria - a subsidiary of Enterprise Group PLC - has now opened its doors to the Nigerian public for business. It will be recalled that the company was granted its operating licence by the Nigerian National Insurance Commission (NAICOM) in November 2020, after meeting all necessary requirements...
CalBank and Saham Insurance have unveilled a partnership that will see the bank provide its customers with innovative general insurance products and services underwritten by the insurance giant. The partnership, which was unveilled yesterday at the bank’s head office in Accra and witnessed in the presence of Dr. Justice Yaw...
WAICA Reinsurance Corporation has promised to support the winner of its maiden edition of 'Annual Corporate Social Responsibility (CSR) Competition Project and Ambassadors for 2021/2022' with US$100,000, across all its operating countries. Established in 2011 with the philosophy of strengthening the financial sector of the sub-region by providing greater and...