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Insurance World

Ghana: NIC Shuts Down ZETA Insurance Brokers for operating illegally

The National Insurance Commission (NIC) has shut down ZETA Insurance Brokers for operating illegally. According to the commission, the said company has been...

Insurance World

Ghana: Government expresses confidence in insurance recapitalization process

Deputy Minister of Finance Kweku Kwarteng has reiterated government’s support for the National Insurance Commission (NIC) in its quest to recapitalize the insurance...

Insurance World

NIC developing new system to check car insurance electronically

The National Insurance Commission (NIC) has indicated that it is developing a database that will allow motorists check the authenticity of insurance stickers...

Insurance World

Ghana: Bancassurance premiums collected by collapsed banks are safe – NIC

The National Insurance Commission (NIC) has given a firm assurance that bancassurance policyholders’ funds with collapsed banks are safe. The Bancassurance concept which...

Insurance World

Ghana: NIC To Introduce Electronic Motor Insurance Database

National Insurance Commission to introduce electronic motor insurance database to clamp down on fake motor insurance. According to the Deputy Commissioner Michael Andoh,...

Insurance World

NIC To Announce New Capital Levels By First Quarter

Justice Yaw Ofori, Commissioner of National Insurance Commission (NIC)     The National Insurance Commission (NIC) says it will before the end of...

Insurance World

Ghana: NIC task force swoops commercial buildings without insurance; arrests 6

The special task force of the National Insurance Commission (NIC) has arrested six workers because their employers failed to comply with the compulsory...

Insurance World

Ghana: General Insurers paid over GH¢500 million in claims

The National Insurance Commission (NIC), regulator of the insurance practice in the country, has disclosed that claims incurred for 2017 accounting year was...

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