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...
The Securities and Exchange Commission (SEC) has issued new capital requirements for market operators in the Ghanaian Capital Market Industry.
A press statement by the SEC explained that the new directive is in accordance with Section 209 of the Securities Industry Act 2016, (Act 929).
According to the commission, the move...
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...
The rush by local investors to invest in Ghana’s Life Insurance market has been justified by the performance of most of the company’s life companies by the close of the 2019 financial year.
Prior to the enactment of the Insurance Act 724 2006 life insurance companies in the country were...
MTN Group is pleased to announce the appointment of the new Chief Executive Officer for MTN Liberia Lonestar Cell.
Rahul De, the current Chief Marketing Officer of MTN Nigeria, will take the helm at the company on November 1, 2020.
Rahul replaces Uche Ofodile who departed Lonestar Cell MTN in July...
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...
In accordance with the provisions of the Insurance Act, 2006 (Act 724), mandating Insurance Companies to separate the general insurance business from the life business, QLAC was established.
Quality Life Assurance Company Limited (QLAC) was incorporated on 23rd October 2007. The Company commenced operation on the 1st of January 2008. Before then...