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Ghana insurance industry

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Insurance World

25% Of Insurance Claims In Ghana Are Fraudulent – NIC Boss

About 25% of all insurance claims made in the country are fraudulent, according to the Commissioner of Insurance, Dr. Justice Ofori. According to...

Insurance World

Ghana: Implement Marine Insurance Protocol- Commissioner 

Dr. Justice Yaw Commissioner. Justice Yaw Commissioner The National Insurance Commission (NIC) will collaborate with stakeholders to implement the Marine Insurance under the...

Insurance World

Ghana: Experts Encourage Importers To Purchase Marine Insurance Locally, Touts Several Benefits

Importers and Exporters in Ghana are being encouraged to purchase marine insurance covers locally in order to get full guarantee on claims in...

Insurance World

Ghana: Insurance Industry Pays GH₵196 Million Corporate Tax In 2019

The Insurance industry paid GH₵196 million corporate tax to the government in 2019, Madam Justina Owusu-Banahene, the Bono Regional Minister announced on Wednesday....

Insurance World

Ghana: Insurers Face Weak Underwriting And Declining Investment Performance

Underwriting losses and declining investment yields pose risks to profitability within the insurance industry, the Bank of Ghana says in its financial stability...

Insurance World

Ghana: Partnership To Provide Cover For Customers

Korba, a Ghanaian multi-channel electronic platform, has partnered with Prudential Life Insurance Ghana to provide life insurance cover at no additional cost for...

Insurance World

Ghana: Coronavirus Hinders Insurance Penetration Growth

Insurance penetration in Ghana may not witness an increase as earlier projected following the coronavirus outbreak, the National Insurance Commission (NIC) has said....

Insurance World

Ghana Says Deadline Extension For Insurance Recapitalization Likely

Justice Yaw Ofori, Commissioner of Insurance Ghana An industry discussion has commenced between players in the insurance sector and the regulator – the...

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