The National Insurance Commission (NIC) in June last year announced new minimum capital requirements for players in the insurance space, as part of a broader plan to increase the sector’s financial stability and capacity to handle bigger risks or big ticket transactions.
The commission wants insurance companies to increase their...
The Enterprise Group has announced changes to its Executive Management Team effective May 1, 2020.
Daniel Larbi-Tieku, the former Chief Finance Officer, has been promoted to Deputy Group Chief Executive Officer while Cleland Cofie Bruce takes up a new role as Executive Consultant in Charge of Expansion in West Africa.
Nigel...
President Muhammadu Buhari has approved and appointed Mr. Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM).
It will be recalled that Mr. Thomas replaced immediate past commissioner for Insurance/CEO, Mallam Mohammed Kari, as Acting Commissioner for insurance/CEO of the National Insurance Commission in July...
The Ghana Insurers Association (GIA) has donated an amount of GH¢500,000 to the COVID 19 National Trust Fund. The donation was part of the Association’s effort at helping the nation to deal with the devastating effect of the pandemic.
On behalf of the President/Chairman, Board of Directors and Members (Insurance...
…reopens some branches
Enterprise Group has urged its clients to make use of the company’s efficient digital and electronic channels to access its products and services, even as it is set to open some of its branches following lifting of the partial lockdown.
From today, May 4, Enterprise Group will be...
Wapic Insurance (Ghana) Limited, one of Ghana’s leading insurance companies, is offering a 25 percent discount on all new policies to health workers across Ghana.
This is to help cushion financial hardships associated with the COVID-19 pandemic. The rebate to health workers covers their personal insurances, including Personal Accident and...
The governing council of the West African Insurance Company Association (WAICA) has set a new date for hosting the Annual General Meeting and Educational Conference, dubbed ‘WAICA - Monrovia 2020’ to July 19, 2020.
In a letter signed by the President, Raymond Macauley, and Secretary-General William Coker stated: “In line...
Quality Life Assurance Company (QLAC), a company owned by the Ghana Catholic Bishop Conference (GCBC), has donated the sum of Fifteen Thousand Ghana Cedis (GH¢15,000) to the GCBC COVID-19 Relief Fund.
The donation is coming in the wake of the COVID-19 pandemic and its effect on frontline health workers of...
Businesses have a moral responsibility to contribute to the Government’s efforts to overcome the spreading of the novel coronavirus, William Annor Adu, the Head of Business Development at Allianz Insurance Ghana has said.
Mr. Adu who was speaking at the presentation of various items to the Ghana Health Service last...
The Insurance industry in Ghana have made a total donation of GH¢1,105,000 to the COVID 19 Trust Fund.
This was in response to the clarion call made by the President Nana Addo Dankwa Akuffo Addo, after he had established the COVID 19 Trust Fund with the view of soliciting support...