The insurance industry regulator, the National Insurance Commission (NIC), has embarked on some significant measures aimed at bringing sanity to the insurance industry. It is without a doubt that the biggest problem the industry has had to grapple with in recent times is the menace of fake insurance and...
The National Health Insurance Scheme was set up by an Act of parliament in 2003 as a means to fulfil Universal Health Coverage (UHC). This means that all individuals and communities receive the health services they need without suffering financial hardship.
Insurance in general within our jurisdiction lacks public trust...
Ghana Insurers Association (GIA), the umbrella trade body for all licenced insurance companies operating in the country, has joined global insurers to celebrate International Insurance Awareness Day, which kicked-off on Monday, June 28, 2021.
Ghana Insurers are celebrating this year-long awareness day under the theme ‘The Carnage and Indiscipline on...
Ghana Reinsurance Company Limited continues to grow bigger and better, as it paid GH¢10 million as dividend to its shareholder – the government of Ghana - during its 18th Annual General Meeting held in Accra last week Wednesday.
George Otoo, Chairman of the Board of Directors, informed its shareholders that...
… as Nationwide Medical Insurance signs partnership with Fleri
Nationwide Medical Insurance, the leading private health insurance company, and Fleri, a directed remittance platform headquartered in Columbus, Ohio, USA, have partnered to help Ghanaians in the diaspora, primarily the United States of America, purchase health insurance policies for individuals...
...targets 40% pensions coverage by 2026
The National Pensions Regulatory Authority (NPRA) has retrieved GH¢6.2million from employers who have defaulted in payment of their workers’ pension contributions.
About 15 other defaulting companies are being processed for prosecution, for failing to comply with a directive by the authority to either pay their...
The older insurance brokerage firms are still ahead in the intermediary business as the number of operators in that sector increase year on year.
Insurance brokers hold themselves out to the public as experts in insurance. They are specialists and offer advice in arranging insurance in the most favourable manner...
Insurance group, Hollard Ghana, with subsidiaries, Hollard Insurance and Hollard Life Assurance has achieved continent-wide recognition by winning the top award in Africa for financial communications and two other Certificates of Excellence for employee communications and regional excellence at the prestigious 2021 Africa SABRE Awards.
The SABREs are the world’s...
Financial WELLNESS With Richmond Kwame Frimpong
Insurance is a tool to reduce financial loss or hardship. It is a contract between the insured and an insurance provider under which the insured can be paid for certain losses. The insurance provider pools clients’ risks to make payments affordable for the insured....
…pays GH¢1.2m as claims in 4 years
Enterprise Life Insurance Company, a member of the Enterprise Group, relaunched an Enhanced Akwantupa Policy in Accra last week.
Enterprise Life is a leading life insurance underwriting company in Ghana today, and is noted for its innovative way of product development.
According to Jackie Benyi...