The National Insurance Commission (NIC) says it is working with its partners to improve access to insurance products and services to promote financial inclusion and to make life better for many more Ghanaians. Since 2010, the NIC has been working to develop an inclusive insurance regime in Ghana, with technical...
By Ebenezer Chike Adjei NJOKU Imperial General Assurance, a leading insurance provider, has unveiled an industry-first Collision Insurance product in a significant step towards ensuring greater financial security for drivers in the country. Speaking at the event, David Boafo, acting Board Chair of Imperial General Assurance, said the move signifies Imperial...
The 18th International Insurance Seminar is scheduled to be held between February 25 and March 2 this year. This is the latest edition of an annual event organized each year by Ghana Reinsurance Company PLC, the largest reinsurance company headquartered in Ghana, but which is active all around the...
Enterprise Insurance Ltd, Ghana’s oldest and leading private insurer in Fire, Marine, Motor and General Accident, is set to hold its centenary anniversary thanksgiving service on the 23rd February, 2024 at the Accra International Conference Centre in Accra. The thanksgiving service is in commemoration of business’ centennial celebrations being...
 By Elliot WILLIAMS The financial performance results of Ghana’s life insurance industry for the first nine months of 2023 suggest that more than half of the country’s life insurers are headed for losses rather than profits for the year. Out of the 16 life insurers that have released their unaudited...
By Bernard AKYIN-ARKOH Have you ever pondered the following inquiries? What is an insurance premium? How is insurance premium calculated? What factors influence my insurance premium? How do insurance firms manage to cover insurance claims using the relatively small premiums gathered from policyholders? This article offers comprehensive insights into insurance...
In the dynamic landscape of Ghana's corporate world, few names resonate with the same authority and longevity as Enterprise Insurance. Established in 1924, Enterprise Insurance has not just withstood the test of time but has emerged as a symbol of indigenous success, embodying resilience, innovation, and a commitment to...
Have you ever asked yourself the following questions? What is life insurance? What are the various types of life insurance? Why do I need life insurance as an individual, family or a business owner? How do I buy a life insurance policy? This article will help you find answers to...
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...
It’s 10 pm, and Tieku, a hardworking Ghanaian living and working in New York, finds himself caught in the throes of a sudden family emergency on his way to his night job. His brother's frantic calls from Accra revealed that their mother had an emergency at home and had...