The spectacle of GLICO’s sudden moral awakening regarding the Ghana Gas insurance programme is not an exercise in corporate transparency; it is the desperate gasp of a monopoly losing its grip.
Category: Insurance
The Insurance Paradox: Of State Capture, Greedy Monopolies, and the SIC Reset
For far too long, the Ghanaian insurance industry has functioned less like a competitive marketplace and more like a banquet hall where the table is set by political patronage and the guest list is restricted to a greedy few.
Ghana: IBAG Says Political Interference Driving Kickbacks in Insurance Sector
The President of the Insurance Brokers Association of Ghana (IBAG), Stephen Kwarteng Yeboah, has raised concerns over what he describes as growing political interference in Ghana’s insurance sector.
Ghana: Sir Sam Jonah Slams Political Interference in Insurance Industry
Renowned business leader Sir Sam Jonah has warned about what he describes as a “deeply corrosive” crisis threatening Ghana’s insurance industry, citing growing political interference, unethical practices, and systemic distortions in the sector.
Ghana: Insurance Must Go Beyond Life Products to Serve SMEs – MML’s Chief
Accra, Ghana// — The Chief Product and Services Officer of MobileMoney LTD (MML), Sylvia Otuo Acheampong, has called for broader insurance solutions tailored to the needs of small businesses, noting that most digital insurance products currently focus largely on life coverage.
Ghana’s Economy Now Deeply Integrated Into the Global Ecosystem – Economist
Economist and political risk specialist Dr Theo Acheampong says Ghana’s economy is now deeply integrated into the global system, making it more exposed to geopolitical shocks and global economic disruptions.
AI in Insurance: Understanding the Implications for Investors
The insurance industry represents a significant opportunity for AI to drive value creation, and the technology will continue making inroads across the industry in the months and years ahead.
All MPs Have Bought Votes Before, And So What?
Those arguing spiritedly and asking which of our MPs in Parliament today haven’t done this or that before should stop that argument.
Ghana: SSNIT Announces 10% Increase in Monthly Pension for 2026
Accra, Ghana//-The Social Security and National Insurance Trust (SSNIT) has announced a 10% increase in monthly pensions in 2026.
Some Insurance Agents Are the Hidden Cause of Ghana’s Low Insurance Penetration
Despite Ghana’s rapidly expanding financial sector, insurance penetration continues to hover below 2 per cent of GDP — one of the lowest in sub-Saharan Africa.