Insurance World

Ghana: NIC Releases List Of Insurance Companies In Good Standing

Ghana’s insurance industry regulator, the National Insurance Commission (NIC) during the week released to the general public all the insurance entities that can be trusted for business operations as of October 31, 2020.

NIC has however stated that the “licensed one hundred and thirty (130) insurance entities comprise of 17 Life Insurance Companies, 23 Non-Life Insurance Companies, 3 Reinsurance Companies and 87 Insurance Brokers and Loss Adjusters”.

This release is in line with the authority’s prudential mandate under the Insurance Act 2006 (Act 724).

The commission periodically updates the public on insurance entities that are in good standing to do business with.

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