The GHANA INSURERS ASSOCIATION (GIA) has noted that a section of the general and insuring public has erroneous perception as to the credibility, robustness and reputation of some Insurance Companies operating in Ghana.
The GIA wishes to state the following for the information of all that:
- Under the Insurance Act (2006), ACT 724, insurance in Ghana is a regulated industry;
- The National Insurance Commission (NIC) is the only body mandated to determine the status of insurance companies in Ghana in accordance with the Law;
- The NIC recently published the list of insurance companies in good standing which the GIA has herein reproduced for the attention of the general and insuring public. Copies of these can be found on the NIC and GIA websites – www.nicgh.org and www.ghanainsurers.org.gh respectively;
- Insurance Companies in accepting Risks, work closely with well-resourced and rated Local and International Reinsurance Companies
- Insurance Companies listed in the NIC’s Publication are companies to which the NIC deems as Credible, Robust and Reputable as well as in Good Standing.
The GIA therefore wishes to encourage the general and insuring public to continue doing business with any of these companies listed in the NIC publication for the needed peace of mind.
NIC LICENSED INSURANCE COMPANIES
- African Life
- Allianz Life
- A-Plus Insurance Co.
- Beige Assure
- Donewell Life Insurance Company
- Enterprise Life Assurance Company
- First Insurance Company Limited
- Ghana Life Insurance Company
- Ghana Union Assurance Life Company
- Glico Life Insurance Company
- GN Life Assurance Limited
- Hollard Life
- Metropolitan Life Insurance Ghana Ltd.
- Old Mutual Life Assurance Company (Ghana) Limited
- Phoenix Life Assurance Company
- Prudential Life Insurance Ghana Limited
- Quality Life Assurance Company
- Saham Life Insurance Ghana Limited
- SIC Life Company Limited
- Starlife Assurance Company
- UT Life Insurance Company
- Vanguard Life Assurance Company
- Activa International Insurance Company Ghana
- Allianz Insurance Company Ghana Limited
- Best Assurance Co. Ltd.
- Donewell Insurance Company Limited
- Enterprise Insurance Company Limited
- Equity Assurance Company Limited
- Ghana Union Assurance Limited
- Glico General Insurance Company Limited
- GN Insurance Company Limited
- Heritage Energy Insurance Company Ltd.
- Hollard Insurance Ghana Limited
- Imperial General Assurance Company Limited
- Loyalty Insurance Company Limited
- Millennium Insurance Company Limited
- Multi Insurance Company Ltd.
- NSIA Ghana Insurance Company Limited
- Phoenix Insurance Company Limited
- Prime Insurance Company Limited
- Priority Insurance Company Limited
- Provident Insurance Company Limited
- Quality Insurance Company Limited
- Regency-NEM Insurance (Ghana) Limited
- Saham Insurance Ghana Limited
- Serene Insurance Company Limited
- SIC Insurance Company Limited
- Star Assurance Company Limited
- Unique Insurance Company Limited
- Vanguard Assurance Company Limited
- Wapic Insurance (Ghana) Limited
- Ghana Reinsurance Company
- GN Reinsurance
- Mainstream Reinsurance
REINSURANCE CONTACT OFFICE
- WAICA Reinsurance Corporation Plc.
THE GHANA INSURERS ASSOCIATION.