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Insurance
IFC to insure African farmers against weather risks
Farmers in Africa will soon benefit from an insurance package from the International Finance Corporation (IFC), a member of the World Bank Group, to protect them from natural disasters and weather-related risks that can destroy their…
Stakeholders Forum held on New Pension Scheme
The Ghana Pensions Regulatory Authority (NPRA) on Wednesday held a stakeholders’ forum in Koforidua to educate and sensitize workers in both the formal and informal sectors on the new Three-Tier Pension Scheme in Ghana.
The forum sought to…
MTN, UT Life pay first mobile insurance premium
MTN Ghana and UT Life have paid the first benefit to a subscriber to the mobile insurance product ‘Mi-Life’.
Emelia Sena Adjei, who has been on the service for only a month, received a cheque of GH¢1,945 after submitting relevant documents…
National Health Insurance Scheme pay claims from internally generated funds
Oneghana Network, a Good Governance Advocacy group, on Wednesday, lauded some mutual health insurance schemes in the Volta Region for paying claims from internally generated funds, even before official payment allotments arrived.
The…
AUCC launches Ghana’s premier Pensions Academy
The authorities of African University College of Communications (AUCC), on Tuesday launched the AUCC Pensions Academy, Ghana’s premier specialist pensions training institute in Accra.
It would provide professional training for trustees of…
African Development Bank approves $10.4m equity investment for African Reinsurance Company
The African Development Bank Group (AfDB) has approved a $10.4m equity investment for the African Reinsurance Company (African Re) to strengthen it’s capital base and underwriting capacity required to support increasing demand for insurance…
SIC Insurance signs MOU with National Sports Authority
State Insurance Company Limited, (SIC) the nation’s number one insurer has signed a Memorandum of Understanding (MOU) with the National Sports Authority to introduce a Stadium Personal Accident Policy which will provide insurance for …
Spanish firm Befesa seeks $203m insurance from MIGA for desalination project in Ghana
A Spanish company, Befesa Water Projects S.L. has applied for a Multilateral Investment Guarantee Agency (MIGA) guarantees for a period of 20 years to undertake a seawater desalination project in Ghana in the 2012 fiscal year.
According to…
ATI says it has started underwriting policies in Ghana, Benin
The African Trade Insurance (ATI) Agency has announced that it can now begin underwriting policies in Ghana and Benin.
The only multilateral insurer in Africa gave the notice in a press release copied to ghanabusinessnews.com.
The insurer…
SSNIT Director General proposes scheme to benefit the aged
Mr Frank Odoom, Director General of Social Security and National Insurance Trust (SSNIT), on Thursday suggested to Government to establish an insurance scheme that would provide an across board social security to all Ghanaian aged.
He…