Insurance

Mr Ivan Abubakar Avereyireh, former President, Ghana Insurers Association (GIA), has called for a GH¢1 million penalty payment as a punitive measure to curb undercutting in the insurance industry.   

The majority leader of parliament, Mahama Ayariga, in a major statement on the floor of parliament, has proposed the setting up of a pension fund for members of parliament (MPs).

The government has announced the introduction of an insurance scheme to reduce the risk in Ghana’s agriculture sector, making it attractive for financial institutions to provide loans to farmers to enhance productivity.

In a hard rebuke of obvious non-compliance and mismanagement, the Social Security and National Insurance Trust (SSNIT) has been slammed with a hefty GH¢200,000 administrative penalty by the Right to Information Commission.

The Ghana Universities Workers' Pension Scheme investment return increased from GH¢137.02 million in 2022 to GH¢198.35 million in 2023.

The Social Security and National Insurance Trust (SSNIT) has reassured pensioners of the Scheme’s ability to continuously pay their pension benefits for many years, despite recent contrary reports.  

Mr. Kofi Osafo-Maafo, the Director-General of SSNIT, has stated that management was committed to maintaining strong performance and ensuring the sustainability of the scheme.

The National Health Insurance Authority (NHIA) says it has settled outstanding debt owed to health services providers on the Scheme.

Mr. Kofi Osafo Maafo,  Director-General of Social Security and National Insurance Trust (SSNIT), has reassured stakeholders that SSNIT remains on a solid financial footing and is capable of fulfilling its obligations despite sustainability…

The once-gleaming Premier Towers, the flagship commercial property of Ghana's Social Security and National Insurance Trust (SSNIT), has fallen into a state of disrepair, leaving tenants and the public questioning the management of one of…