The Chairman of the Board of Directors of Ghana’s largest general insurer, SIC Insurance Company, Dr. Ben Jimmy Heymann, has assured shareholders and key stakeholders of the Company that Ghana’s insurance giant is on the path for long term sustainability and value creation.
Speaking at the 13th Annual General Meeting...
The COVID-19 pandemic has presented many unparalleled challenges in the business world and businesses all over are finding innovative ways to manage the “new normal”.
At GLICO LIFE, we see every challenge as an opportunity to validate our business philosophy to cushion clients for life.
In this vein, what we sought...
Prudential Life Insurance Ghana (PLIG) has recorded outstanding growth and chalked several successes from its entry into the Ghanaian life insurance services sector in 2014 till date making it a force to be reckoned with in the industry.
Prudential Life is a wholly owned subsidiary of Prudential Plc, with operations...
Customary law constitutes a large body of knowledge in legal studies. Of particular note are the pioneering works of Sarbah, Ollennu and Josiah-Aryeh. While Sarbah’s work dwells mostly on the Akan customary practices of inheritance, Ollennu steadily made a balance of the colonial and traditional systems administration.
In his work...
Life insurance covers your life and also has provisions to provide a savings and investment avenue. Life insurance is a long-term contract and requires you to pay the premiums in monthly installments. Life insurance can be done for any value based on the premium the policy holder is willing...
Insurance is a key player in the financial space of the country. Undoubtedly, the financial sector - especially the banking sector - has experienced some challenges in recent times, following the regulatory authorities’ efforts to strengthen, stabilise and streamline its activities and enhance the sector’s capacity to provide the...
In the early 1990’s, the Life insurance industry like almost all other insurance industries experience an urge to merge.
The total premiums of acquired Life insurance companies increased from USD18billion or 2% or world premium in 1994 to USD53billion or 5% of world premium in the first three quarters of...
Government’s decision to exempt the security agencies from the unification of pension schemes could affect the sustainability of the three tier pension system, the sector’s regulator, the National Pensions Regulatory Authority (NPRA), has lamented.
Unification seeks to bring all parallel pension schemes under the three-tier system by 2021. But the...
The National Insurance Commission (NIC) has trained 62 youth as Insurances Sales Agents at Cape Coast in the Central Region.
The youth training is for job creation that will ultimately lead to an increase in the insurance penetration rate.
Also, it is to equip them for engaging the insuring public in...
Enterprise Life celebrated the hard work of 200 deserving Life Planners at an awards ceremony in Accra.
The Annual Life Planners Awards Ceremony is a proprietary event hosted by Enterprise Life to reward outstanding Life Planners for the previous year. This event is borne out of the company’s culture of...