Insurance companies in Ghana should focus on building their capacities and make attractive offers for importers and exporters who ship cargo through the country's ports, according to the president of the Ghana Union of Traders Association, Dr Joseph Obeng.
The new Insurance Bill passed by Parliament and assented to by President Nana Akufo-Addo will deepen insurance penetration in Ghana, according to Mr Solomon Lartey, CEO of Africa Sureties & Insurance Advisory (ASIAC).
The Insurance Bill, 2020 has received presidential assent, revealed outgoing chairman of the National Insurance Commission, Ray Ankrah.
Ghana Re has a track record of positive operating results, which are considered adequate when the high level of inflation in the company's key markets is taken into account, says AM Best.
The National Insurance Commission (NIC) which is the regulatory and supervisory body of the insurance sector has published its latest list of insurance entities in good standing.
The National Health Insurance Authority (NHIA) is setting out innovative strategies to ensure the sustainability of Private Health Insurance Scheme (PHIS) operators in Ghana.
Underwriting losses and declining investment yields pose risks to profitability within the insurance industry, the Bank of Ghana says in its financial stability report.
Ghana's National Insurance Commission (NIC) will be deploying a taskforce to enforce the compulsory property insurance law.
The National Insurance Commission (NIC) together with the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, will soon commence a nationwide exercise to enforce the Motor Insurance Database (MID) introduced by the NIC in January 2020.
Insurance companies must diversify their businesses to remain in business in the face of the impact of the COVID-19 pandemic on the economy, the CEO of GLICO Group, Mr Edward Forkuo Kyei, has said.