News
IMANI’s John Sitsofe Mensah writes on insurance industry capture under Ken Ofori-Atta
7+ hour, 15+ min ago (554+ words) Ten to fifteen years ago, SIC Insurance PLC was the undisputed heavyweight of the Ghanaian non-life insurance market, comfortably commanding upwards of 20 to 25 per cent of the sector. Around 2014, its grip began to slip significantly, dropping to roughly 16 per cent....
GIA boss debunks claim payment misconceptions as ‘Street Insurance Campaign’ educates public
8+ mon, 3+ week ago (516+ words) The Chief Executive Officer of the Ghana Insurers Association (GIA), Dr Kingsley Kwesi Kwabahson, has refuted widespread public perceptions that insurance companies are quick to collect premiums but reluctant to settle claims. Speaking during the climax of the 2025 Insurance Awareness…...
Impact Life Insurance introduces mobile-driven product to boost insurance access
8+ mon, 3+ week ago (649+ words) Ghana's insurance industry penetration lags at a mere 1.4% of GDP'compared to 2.8% in Kenya and 17% in South Africa'owing to limited awareness, high premium costs, and distrust of insurance providers. With the advent of mobile banking and transactions, stakeholders are recommending the…...