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Insurance
SSNIT says it saved over GH¢327m by deactivating payroll
The Social Security and National Insurance Trust (SSNIT) says it has saved more than GH¢327 million by removing the names of pensioners who were 75 years and above and failed to renew their pension certificates from the payroll.
Mr…
SSNIT pays GH¢3.18b in pensions last year
The Social Security and National Insurance Trust (SSNIT) says it paid GH¢3.18 billion in pensions in 2021 and had maintained an indexation mechanism even as longevity of pensioners increased.
Dr. John Ofori-Tenkorang, the Director…
Pensions Regulator urges employees to identify Tier Two providers
Employees have been advised to identify their tier two corporate trustees to have a fair idea of the scheme’s management and statements about their contributions.
Mr Hayford Attah Krufi, the Chief Executive Officer of the National…
Medical malpractice insurance protection is key – SIC
All medical professionals must have medical malpractice insurance protection, Mr. Faris Atrickie, General Manager, Technical Operations, SIC Insurance Company, PLC has stated.
“Medical malpractice insurance is a specialized type of…
Ghana government and banks called upon to provide crop insurance for farmers
Professor John Asafu-Adjaye, a Senior Fellow, African Centre for Economic Transformation, has appealed to government to consider introducing policies that would enable farmers to get insurance for their crops.
The Insurance will protect…
Insurance companies are burdened by increasing road crashes – SIC
The SIC Insurance PLC has revealed that even though insurance companies take a premium for providing cover for vehicles in case of legitimate liabilities the increasing road fatalities were putting a huge financial burden on insurance…
NPRA advises Ghanaians to be concerned with retirement issues
The National Pensions Regulatory Authority (NPRA) has advised citizens to take interest in the issues of retirement during the period of active service to allow for easier and quicker processing and payment of one’s pension fund.
Mr…
Ghana MP suggests insuring all state vehicles
Rockson Nelson Dafeamekpor, Member of Parliament (MP) for South Dayi, and Member of the Public Accounts Committee of Parliament, has called for a scheme to secure all state vehicles with quality insurance policies to help save lives.
He…
Government will modernise insurance services through digitalisation – Bawumia
President Mahamudu Bawumia says the Government will modernise the provision of insurance services in Ghana through digitalisation and urged stakeholders in the industry to work together to engender trust.
He said the government's…
SSNIT contributors’ life expectancy said to be increasing
Regardless of the widely held notion on decreasing life expectancy among Ghanaians, the Social Security and National Insurance Trust (SSNIT) says its statistics indicated a reverse of the widely held misconception.
It said longevity on…