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Insurance World

Ghana: NIC Moves To Intensify Compulsory Fire And Property Insurance

Justice Yaw Ofori, Commissioner Of Insurance The National Insurance Commission (NIC) will soon hit the metropolitan and district business enclaves of the country...

Insurance World

Ghana: NIC Issues 272,000 Electronic Stickers Under Motor Insurance Database Policy

Deputy Commissioner at the National Insurance Commission (NIC) has said over 272,000 stickers have been issued electronically following the implementation of the Motor...

Insurance World

Ghana: Insurance Penetration May Not Increase Due To Coronavirus Pandemic – NIC

Insurance penetration in Ghana may not witness an increase as earlier projected should the Coronavirus outbreak persist, the National Insurance Commission (NIC) has...

Insurance World

Ghana: NIC Commissioner Spells Out Recapitalisation Rules

Ahead of recapitalisation deadline in Ghana Insurance Industry, its insurance Commissioner, Justice Ofori has stated categorically that assets that are not registered in...

Insurance World

Ghana: Insurance industry contribution to GDP not encouraging – Senior Minister

The government has charged the National Insurance Commission (NIC) to strive to play its regulatory role effectively to bring vibrancy to the insurance...

Insurance World

Ghana: 233% capital jump for insurers after banks recapitalisation

Commissioner of Insurance, Ghana,  Justice Yaw Ofori         Players in the country’s insurance sector are to brace for an impending...

Uncategorized

Ghana: Minimum capital for insurers to go up before end of year – NIC

  The current GH?15million minimum stated capital for insurance companies will see a ‘significant’ increase before end of December 2018, the National Insurance...

Insurance World

Ghana: NIC approves take over of Esich Assurance

The National Insurance Commission (NIC) has approved a takeover of Esich Life Assurance by a foreign company. The process is to be completed...

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