While active private pension contributors stood at 1.7 million in 2019, those on the Basic National Social Scheme (BNSS) managed by the Social Security and National Insurance Trust (SSNIT) was 1.6million.
Not only do Private pension funds have the highest number of active contributors its assets reached a record high...
The crème de la crème of Ghana’s insurance chieftains gathered together last year at the corporate head office of the country’s largest insurance broking firm, KEK Group to witness the launch of a refresh corporate logo of the group.
Present at this August launch included Chief Executives, Officers and Directors...
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...
Misfortune can take many shapes or forms throughout an individual’s lifespan. It can be the loss of property through fire or burglary, premature death, loss of or damage to vehicle through vehicular accident, injury or disability through vehicular accident etc.
In many instances, the aftereffects of these misfortunes cannot be...
There are strong indications that the traditional tested and trusted non-life insurance brands have started bouncing back after close of the third quarter, the Supervision Division Report of the National Insurance Commission (NIC) has shown.
The referred tested and trusted brands include SIC Insurance Company (SIC); Enterprise Insurance Company; Hollard...
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...
Now more than ever, the importance of digital transformation is being embraced across horizontal and vertical markets, spanning business-to-business and business-to-consumer models. From telecommunications, healthcare, and financial services, many industries have seen adoption and significant changes as a result of digital transformation and the insurance industry cannot be left...
In a bid to expand its operations in the Eastern Region, Quality Life Assurance has opened a new micro insurance office in Koforidua to provide micro insurance services for the informal sectors in Koforidua and its environs.
Located approximately 100 metres from the Koforidua Central Market, the new Micro Branch...
Mr. Oliver Akubia, the Managing Director of Millennium Insurance Company, has expressed his profound gratitude to the sales executives for their almost 30% contribution to the company’s current production of about GH¢27m so far achieved. This current production figure, he said, represents about 49% growth over the previous year’s...
Prudential Life Insurance Ghana, a leading life insurer, has teamed with Enterprise Life Insurance Ghana to be co-underwriters for SafeNet - an innovative new mobile insurance product.
Vodafone, Ghana’s second-largest mobile network operator, is using a platform developed by MicroEnsure - a part of the Micro Insurance Company - to...