Ghana Insurance Hub

In a significant move to bolster the nation's burgeoning SME sector, Enterprise Group PLC, a titan in Ghana’s financial services and insurance landscape, officially launched "The Enterprise Spotlight" on Monday, March 16. Delivered in strategic partnership with the Springboard Road Show Foundation, this national youth entrepreneurship competition is set to discover, fund, and mentor the next generation of Ghanaian business leaders.

The industry must prepare for a scenario where cargo War Risk premiums jump significantly if the blockade persists. For the Ghanaian underwriter, the risk is not direct damage to hulls, as our local fleet is largely restricted to domestic waters, but the liability associated with delayed, diverted, or "trapped" cargo. If vessels reroute around the Cape of Good Hope, the increased transit time could lead to complex claims regarding contract frustration or the deterioration o

At the beginning of this year, we adopted a theme that is simple, but demanding: “Resetting to Break Limits.” As I reflected on this theme, I realized that resetting is not just a response to challenges; it’s a deliberate action for growth and advancement. Resetting means pausing to ask hard questions, intentionally reviewing and refining our systems, aligning our people and processes with our purpose, and pushing beyond what feels comfortable.  In a fast‑changing environment

Insurance industry leaders from across Africa convened in Accra for the 4th Africa Network of Insurers Associations (ANIA) Annual General Meeting and Conference, where they discussed strategies for strengthening the continent’s insurance sector and expanding market penetration. The meeting, which was launched at the Insurance House in Accra on Monday, March 9, brought together regulators, insurance companies, brokers, industry associations, policymakers, and development partn

The President of the Ghana Insurers Association (GIA), Boatemaa Bafuor-Awuah, has warned that insurance penetration across Africa remains critically low at about three percent, far below the global average of roughly 7.4 percent, highlighting the urgent need for stronger collaboration, innovation and public awareness to expand coverage. She stressed the importance of seamless cross-border market participation, noting that many of the challenges confronting insurance markets a