10 indigenous insurance companies are of risk losing their licenses if they fail to meet the new minimum recapitalization requirement set by the Nation Insurance Commission (NIC).
Category: Insurance
Old Mutual Appoints new Finance Director
Old Mutual today announced the appointment of Iain Williamson as the new Finance Director of Old Mutual Emerging Markets (OMEM) with effect from 1 August 2015.
Old Mutual Insures Ecobank Customers
Old Mutual, a major player in the financial and insurance industry in Ghana, is to insure customers of Ecobank Ghana, following an agreement between the two firms.
IMF Gives $700 Million Insurance Package To Kenya
The IMF Executive Board has approved a financing package for Kenya of about $700 million that the East African country’s authorities plan to use as insurance against external shocks.
South Africa’s Hollard Takes over Ghana’s Insurance Giant
IVM Intersurer, which owns a significant stake in Hollard Insurance, has bought majority shares in Ghana’s Met Insurance.
Sub Saharan African Equity Issuance Doubles
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today released the annual investment banking analysis for the Sub Saharan Africa region.
Provident Life Assurance Rebrands To Old Mutual Ghana
OLD Mutual, a leading international long term savings, banking and investment group, has rebranded Ghana’s Provident Life Assurance to Old Mutual Ghana Limited over the weekend.
Britam Outshines Rivals In Maiden Industry Research
BRITAM has been awarded the QUDAL – QUality meDAL, an international recognition only awarded to products and companies which offer consumers the greatest level of quality.
Bank Of Africa Eases Banking
THE Bank of Africa (BOA), a leading commercial bank in Ghana has introduced a secure and easy-to-use mobile banking application onto the Ghanaian market.
Ghana Deepens Fight Against Money Laundering
By Mohammed Awal in Accra, Ghana Ghana’s fight against money laundering and financing of terrorism has received a major boost following the commencement of a National Risk Assessment (NRA) workshop to set up a robust and resilient Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime in the country.