Insurance

Political Interference Is Corroding Ghana’s Insurance Market, Sam Jonah Warns Ghana’s insurance industry is being steadily weakened by political interference, with insurance placements increasingly shaped...

NIC, BoG and GRA Begin Strict Enforcement of Compulsory Local Marine Cargo Insurance The National Insurance Commission (NIC), in collaboration with the Bank of Ghana...

Motor Insurance Tariffs to Rise Marginally from February 16 with NIC Approval Motor insurance tariffs are expected to increase marginally from February 16, 2026, following...

Mandatory Local Cargo Insurance Takes Effect February 2026 — Finance Ministry The Ministry of Finance has announced that from February 1, 2026, all cargo imports...

Ghana’s Inclusive Insurance Model Gains Recognition as Blueprint for Climate and Financial Resilience Ghana is strengthening its position as a continental leader in climate and...

IBAG Launches Nationwide Campaign to Raise Awareness on Role of Insurance Brokers The Insurance Brokers Association of Ghana (IBAG) has launched a nationwide public awareness...

DrugNet and Ayo Insurance Launch a Game-Changing Health Innovation In a groundbreaking partnership that promises to transform access to essential medications for millions of Ghanaians,...

Insurance Penetration in Ghana Stagnates at 1% in 2024  Insurance penetration in Ghana remained unchanged at 1.0% in 2024, maintaining the same level recorded in...

GRA to Impose 15% VAT on Non-Life Insurance Premiums from July 1 The Ghana Revenue Authority (GRA) will from July 1, 2025, begin applying a...

Ghana’s Insurance Industry Must Innovate or Risk Irrelevance, Says Former President of Ghana Insurers Association Former Managing Director of Vanguard Assurance and ex-President of the...