A growing body of research suggests that access to and use of financial services has a beneficial impact on individuals’ lives, particularly

This is the second in the series of articles on financial knowledge and empowerment for Ghanaians. In our last article-The Pearl of Life: Passing on a Significant Legacy – we learned about passing on wealth from generation to generation. In this article, we will discuss how to protect the assets we acquire either through the dint of hard work or through inheritance. Every great pearl of wisdom I know, I learned at my grandmother’s knee. Her steely eyes pierced through centuri

What the public must know. The National Insurance Commission has directed all insurance companies to impose limits on Third Party...

In June 5, 2019, which is tomorrow, China will be hosting the World Environment Day 2019. Approximately, seven million people worldwide die prematurely each year from air pollution, with about four million of these deaths occurring in Asia-Pacific. Climate change is set to impact both the life and non-life insurance industries through its direct and indirect effects on human health and the environment. Diseases, injuries and deaths are also set to increase due to increasingly

You might assume that buying a comprehensive insurance policy for your car means there will be no out-of-pocket expenses. Sadly, you are mistaken. There are rules, limitations and conditions within the policy that will decide your final claim amount. The first motor car to appear on a British road was a Benz in 1894. According to law, the vehicle was not to operate on a public road with a speed exceeding 5km per hour. A man had to carry a red flag and walk in front of the car

Over the past month, virtually every trend or event in Ghana’s insurance industry – life and non life inclusive – has been eclipsed by...

The Supreme Court of Ghana, by a majority decision, ruled on November 21, 2018 that an Insurer (Insurance Company) is not entitled to...

As expected, the new minimum capital level of GHc50 million announced recently by Ghana’s insurance industry regulator, the National...