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For the first time136 Ghanaian smallholder farmers receive US insurance claims

Smallholder farmers totalling 136 in Ghana received insurance claims in 2012 under a new scheme introduced by US programme, Feed the Future (FtF). All the smallholder farmers in the Northern Region received claims under the drought-index insurance scheme – the first time in the history of Ghana that the agriculture …

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SSNIT increases pensions pay for 2013

The Social Security and National Insurance Trust (SSNIT) has increased pensions-in-payment by a fixed rate of 12 per cent and a flat amount of GH¢21.36 per pensioner for 2013. A statement signed by Ms. Evangeline Amegashie, Corporate Affairs Manager and copied to the Ghana News Agency in Accra on Wednesday …

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Insurance firms urged to formulate policies to address domestic fires

The Deputy Chief Fire Officer, Mr Kwesi Ankonam Quayson has stressed the need for insurance firms to formulate policies that would help tackle the problem of domestic fires in the country. He said the highest category of fire outbreaks recorded in the country over the past five years, was domestic …

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NHIA implements service condition package for workers

Unionized workers of the Awutu Effutu Senya branch of the National Health Insurance Authority (NHIA), on Wednesday commended the Authority for the implementation of the service condition package for workers. The agreement which was signed between the NHIA workers Union and the Authority, seeks to improve socio-economic well-being of the …

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Public servants encouraged to patronize insurance products

Mr. Charles Wuaku, a Sales Manager at Enterprise Life Assurance Company Limited (ELAC), on Thursday urged public sector workers to patronise insurance packages to augment their income. He said ELAC policies such as Funeral Finance Plan, Life Time Needs, Credit Life, Educare and Corporate Life Plan seek to assist people, …

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CDH Ghana to expand to five African countries in 2013

CDH Financial Holdings (Ghana) will in the coming year expand its operations to five other African countries as part of its efforts to make the company a continental one. The countries to experience the services of the company are Zimbabwe, Zambia, Liberia and Sierra Leone. Mr Emmanuel Adu-Sarkodee, Group Chief …

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Activa introduces credit insurance unto Ghanaian market

Activa International Insurance, Ghana, in partnership with Coface Group, is introducing credit insurance onto the Ghanaian market to enable businesses to have more access to bank loans and increase their receivables to boost economic growth. Mr Stephen Kyerematen, Chief Executive Officer of Activa International Insurance, Ghana, stated at the product …

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Pensioners appeal for upward adjustment of allowance

The Central Region branch of the Social Security and National Insurance Trust (SSNIT) Pensioners Association, on Friday appealed to the government to adjust their allowance upwards to enable them lead decent lives. The members pointed out that about 50 per cent of them earned less than GH₵100.00 a month as …

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Three firms make social contribution to SSNIT after court summon

Three companies have paid to the Social Security and National Insurance (SSNIT) a total amount of GH¢4,306.48 as social security contributions. The amount represents contributions of their staff and penalty after the trust instituted court action against them. The companies located within the operational area of the Tema East Branch …

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Ghana to introduce life insurance policy for fishermen

Ghana’s President John Dramani Mahama on Thursday gave the assurance that government would in the next four years introduce life insurance policy for all the fishermen in the country. The facility, he said, would serve as cover for the families of fisherfolk in times of serious disasters to the fishermen. …

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