Uber has announced a new and innovative insurance policy designed to cover accidental rider injuries while on a trip with Uber in Ghana. A statement from the company said “one of Uber’s priorities is the safety and security of users, and insurance is a critical part of Uber’s safety programme.” This...
A good person leaves an inheritance for their children's children, but a sinner's wealth is stored up for the righteous - Proverbs 13:22 Certainly, as parents the wrong attitude would be to spend all we have in order to enjoy it before we die.  A component of stewardship, and getting...
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...
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,...
Prudential Life Insurance Ghana in collaboration with Prudence Foundation, the community investment arm of Prudential Plc in Africa and Asia, has announced their partnership with 3 institutions; United Nations Population Fund Ghana (UNFPA), National Cardiothoracic Centre and the Ghana Infectious Disease Centre (GIDC) to fund projects that are set...
StarLife Assurance has entered into a novel strategic partnership with the Ghana Pentecostal and Charismatic Council (GPCC) to provide tailor-made life insurance policies that will secure member churches of GPCC - of which there are over 200 member churches – and their families, and ultimately support the Council. By relying...
The Managing Director of GLICO Capital, Anthony Boadu, has indicated that GLICO Fixed Income Fund will focus on high liquid assets in order to provide stability, security, and optimal returns for investors. Speaking at the launch of the product in Accra, Mr. Boadu, noted that by prioritizing high liquid assets, the...
The National Pensions Regulatory Authority (NPRA) has said the grace period given employers to act in accordance with the new pension scheme is over, and that it will begin to scrutinise and sanction all non-complying employers. The pensions regulator noted that seven years after the three-tier pension scheme’s coming into...
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 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...