Ghana Insurance Hub

The Chairman of the Interim Advisory Council of the Insurance Retirees Forum of Ghana (IRFG), Mr. Peter Osei-Duah has admonished young insurance professionals to listen, learn and lead with humility. The former Managing Director of SIC Insurance PLC made this call during the launch of the Insurance Retirees Forum of Ghana (IFRG) at a ceremony held in Accra on Wednesday February 18, 2026. The Ghanaian insurance industry led by the Dr. Abiba Zakariah, the Commissioner of Insura

Ghana’s Commissioner of Insurance, Abiba Zakariah, has been elected Vice President of the Organization of African Insurance Supervisory Authorities (OAISA) at the body’s 2025 Annual General Meeting, held from 16th to 21st November in Harare, Zimbabwe. Her election is widely regarded as a strong endorsement of Ghana’s growing leadership in insurance regulation and the ongoing reforms within the sector. Following her election, Abiba Zakariah reaffirmed Ghana’s commitment to sup

The insurance industry, led by the Commissioner of Insurance, Abiba Zakariah on 17th November 2025 presented a cheque valued at GH¢100,000.00 to the 37 Military Hospital to support the medical care of victims of the military recruitment stampede that occurred on 12th November 2025 at the El-Wak Stadium . Speaking on behalf of the industry, Abiba Zakariah reaffirmed the insurance sector’s commitment to national support, social responsibility, and the protection of lives an

The National Health Insurance Authority (NHIA), Acting Chief Executive, Dr. Victor Asare Bampoe has pledged the swiftest implementation of the National Health Insurance Scheme (NHIS) revised service tariff. “A new medicines tariff has been implemented since March 1st, 2025. The review of service tariff is complete and is undergoing final approval processes. It will be announced in due course.” He brought this to the fore at the NHIA’s two-day Stakeholder Conference held in Ac

Preamble Bancassurance has notably grown in Africa and around the world since the 1980s by offering banks and other financial institutions (BOFIs) an opportunity to provide more diversified products to their customers, whilst earning additional income by providing their distribution channels and other platforms to insurance companies. Insurance companies, on the other hand, can have an increased reach to a broader audience and achieve more sales by leveraging the BOFIs’ distr

The government is poised to officially roll out the Free Primary Healthcare (FPHC) initiative on September 1, 2025. The flagship program is to guarantee all residents in Ghana, particularly the vulnerable populations, access to essential, affordable, and equitable healthcare services, a key step towards achieving Universal Health Coverage (UHC) by 2030. The National Health Insurance Authority (NHIA), Senior Director in charge of special initiatives, who serves as the FPHC Foc

Access to affordable and quality healthcare remains at the heart of Ghana’s pursuit of Universal Health Coverage (UHC). Since the creation of the National Health Insurance Scheme (NHIS) in 2003, the scheme has relied heavily on the National Health Insurance Levy (NHIL), which contributes nearly 70% of its total funding. However, the 2017 Earmarked Funds Capping and Realignment Act redirected a substantial share of NHIL revenue to other areas of the national budget, weakening

The Ghana Revenue Authority has announced that the implementation of value-added tax (VAT) on the supply of non-life insurance services, in line with the Value Added Tax (Amendment) Act, 2023, Act 1107, commenced on 1 April 2025. Suppliers of non-life insurance services must register for VAT and charge the standard VAT rate on policy premiums, where the registration threshold is met. Affected insurers can claim input VAT on qualifying expenses related to providing taxable non

Old Mutual Ghana, a subsidiary of pan-African investment, savings, insurance, and banking group, Old Mutual, has said it plans within the next five years is to expand its footprint across the industry and Ghana. According to Helen Amerley Amarquaye, Board Chair of Old Mutual Ghana, this forms part of the organization’s effort to improve financial inclusion as well as contribute to the growth and development of the insurance industry. Speaking after the company paid a courtesy

Government is strongly collaborating with regulators in the insurance and pensions industry to develop annuity and syndicate markets. According to the Head of Pensions and Insurance Unit at the Ministry of Finance, Benjamin Torsah-Klu, this will stimulate long term investments of pension and insurance funds. Speaking on behalf of the Finance Minister, Ken Ofori-Atta at the 6th African Actuarial Congress ongoing in Accra, he said government is committed to the creation of long