SIC Life Company Limited, one of the largest and most reputable life insurance firms in the country, has rekindled its partnership with the Business and Financial Times (B&FT), Africa’s leading provider of business information. The two companies have agreed to work collaboratively on areas of mutual benefit, leveraging their respective...
Beginning October 2, 2021, the Social Security and National Insurance Trust (SSNIT) will offer Saturday services to its members and the public from 9:00am to 2:00pm at some selected branches. These selected branches include the Trust Towers, Legon, Airport City and North Industrial Area, all in Accra. Tema Habour and...
COMPANY HISTORY SIC Life Insurance LTD originally existed as the Life Division of the reputable multi-line insurer, SIC Insurance Company. In conformity with the provision of the Insurance Act 2006, Act 724, the Company was established as a fully licensed Life Insurance Company in 2007. On 10th March, 2022,...
Star Assurance Company Limited has held a thanksgiving service at the company’s Head Office in Accra to show appreciation and gratitude to God as management and staff ushered in celebrations of its 37th anniversary. In the presence of some invited gospel artistes who led the songs and praises session, the...
SIC Insurance Company Limited has handed over Personal Protective Equipment (PPE) valued at GH¢50,000 to the COVID-19 Trust Fund to support government’s fight against the pandemic.  The PPEs included disposable nose masks, protective coveralls, goggles, gum-boots, hand sanitiser gel, rubbing alcohol, gloves and disposable surgical caps.  The company said the donation is...
16 years after the concept of composite insurance companies was replaced with separate life and non-life insurers, the industry has come to recognise life insurance as having the bigger growth and profitability prospects of the two. However, to fulfil those prospects the industry must continue its retreat from universal...
Star Assurance Group Limited (SAGL), a wholly Ghanaian-owned private company, has positioned itself to transform Ghana’s competitive insurance sector. This follows the recent consolidation of its holdings in three leading insurance companies into a mega-group. The three companies are Star Assurance Company Limited, StarLife Assurance Company Limited, and Star Microinsurance Company...
The National Insurance Commission (NIC) and the Motor Transport and Traffic Department (MTTD) of the Ghana Police Service is set to begin an aggressive campaign to clamp down on vehicles with fake and invalid insurance policy stickers in the country, Deputy Commissioner of the NIC, Kofi Andoh, has said. According...
As many as 7.7 million people, representing 70 percent of the country’s over 11 million active labour force, are non-active pension contributors - a situation that many believe could erode efforts to end poverty, especially among the aged. The situation is even more dire in the informal sector, where coverage...
As further evidence of its commitment to the prosperity of Small and Medium-sized Enterprises (SMEs) - which account for more than 70 percent of businesses in the country, leading financial services provider, Access Bank, has partnered with Coronation Insurance Ghana Limited to provide a four-fold insurance package to small...