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Ghana hosts insurance companies from West Africa

Ghana will host insurance industry practitioners from West Africa to discuss how they could develop their expertise to become key players in the sub-region’s emerging oil industry. The four-day meeting, being held under the auspices of West Africa Insurance Companies Association (WAICA), is scheduled from Monday, March 21-24 and forms …

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Nigeria, Ghana seek better image for countries' insurance sectors

Nigerian and the   Ghanaian governments have reaffirmed their commitment to having insurance industry that each of the country can be proud of. To this effect, the  Acting President Goodluck Jonathan has advised the National Insurance Commission (NAICOM) not to leave any stone unturned in ensuring that Nigeria’s insurance industry  conducts …

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National Health Insurance ready for one-time premium

The National Health Insurance Authority has indicated that it is set to introduce the one-time health insurance premium by December this year. This follows successful actuarial studies which support the feasibility of the one-time premium concept. A programme to outline the commencement of the new scheme will soon be made …

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SSNIT moves to improve Ghana pension scheme

Mr. Henry Van-Hein Sackey, the Area Manager for the Social Security and National Insurance Trust (SSNIT) in charge of the northern regions, has said the Trust was putting in place strategies to clear all hurdles associated with workers’ pension. He said this when SSNIT organized a forum on Tuesday in …

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Insurance companies that engage in price undercutting to be sanctioned

Inspectors from the Ghana Insurance Association have been deployed to report companies engaged in premium undercutting for appropriate sanctions to be applied to the offenders, an official from the National Insurance Commission (NIC) disclosed on Thursday. Mrs. Nyamikeh Kyiamah, Acting Commissioner of NIC, decried the unhealthy practice of price undercutting …

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Health workers asked to work to sustain Health Insurance Scheme

Health workers in the Volta Region have been urged to work hard to help sustain the smooth operation of the National Health Insurance Scheme. “I believe this is our social responsibility to mother Ghana,” Dr Timothy Sewornu Letsa, acting Volta Regional Director of Health, told the 2009 Health Service Performance …

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National Health Insurance clients furious over delay in release of ID cards

Clients of the Wa Municipal Health Insurance Scheme (MHIS) are furious over the undue delay in the issuance of their membership Identification Cards (IDs). According to them it sometimes takes them between five to six months to get their health insurance IDs instead of the usual three months promised by …

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CDH to become NSIA Ghana

CDH Insurance Ghana would become NSIA Ghana from Thursday, February 18, due to the acquisition of 80 per cent shares in the company by Ivorian-base NSIA Insurance and Banking Group. A source close to a strategic meeting of heads of NSIA Group from 11 African countries in Accra, told journalists …

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TOR debt downgrades Ghana in global insurance risk analysis

A global political and credit risk insurance analysis published recently has seen Ghana among the world’s 18 most risky countries. Ghana’s downgrading is as a result of the debt incurred by the country’s only oil refinery, the Tema Oil Refinery (TOR), according to the analysis by Aon Corporation, the Chicago-based …

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Kwabre health insurance scheme owes over GH¢441,000

The Kwabre District Mutual Health Insurance Scheme is indebted to public and private health providers in the area to the tune of GH¢441,910.71. The Asonomaso hospital has highest unpaid claims of GH¢104,402.03, Mamponteng Health Centre, GH¢89, 695.17, Aboaso Health Centre, GH¢38,044.80, Kenyase Health Centre, GH¢32,225.90 and the Antoa Health Centre, …

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