National Insurance Commission — Ghana's insurance regulator working to boost sector penetration through microinsurance, digital platforms, and non-interest finance reforms.
… This is a serious indictment and no serious country must gloss over for it has dire social, economic, brand/copyright infringement, false public record, safety ramifications. At best, DVLA is engaged in an illegality, FALSE CERTIFICATION and the National Insurance Commission (NI …
… Mahamudu Bawumia; Issah Seidu, a staff at the National Insurance Commission; John Abban and Peter Archibald Hyde, all senior Customs officers at the Ghana Immigration Service (GIS). …
… ts, Minerals Commission which oversees mining sector compliance with environmental and community impact obligations, Bank of Ghana (BoG) which also encourages financial institutions to adopt ESG-aligned policies, particularly in lending practices and National Insurance Commission …
… On the dividend front, the board has recommended a payment of GH¢0.1022 per share, amounting to a total of GH¢20 million, subject to approval by the National Insurance Commission. …
… Enthused Fred Saka: “Over the years the Bureau has developed strong relationships with various stakeholders including the National Insurance Commission (NIC), the Ghana Insurers Association, the Motor Transport and Traffic Division of the Ghana Police Service, Borderless Alliance …
… Over the years, the Bureau has built strong partnerships with key stakeholders, including the National Insurance Commission (NIC), the Ghana Insurers Association (GIA), the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, Borderless Alliance, the Ghana S …
By Elizabeth PUNSU, Kumasi The Kwame Nkrumah University of Science and Technology has secured a GH₵1million commitment from the National Insurance Commission (NIC) and Ghana Insurance University College (GIUC) to support the establishment and operationalisation of a “Campus Care …
regulators to ensure green finance practices in sync across sector banks directed to screen borrowers for environmental impact By Kingsley Webora TANKEH The Bank of Ghana (BoG) is working with the Securities and Exchange Commission (SEC), the National Insurance Commission (NIC) a …
… Prior to the event itself goodwill messages had be sent to GIUC by the National Insurance Commission; the Ghana Insurers Association (GIA); the Chartered Insurance Institute of Ghana (CIIG); and the Insurance Brokers Association of Ghana (IBAG). …
Access Bank Ghana participated in a five-day executive study tour in Kuala Lumpur organised by the Islamic Finance Research Institute of Ghana and Malaysia's International Islamic University, where participants studied non-interest banking, Takaful insurance, and Sukuk bonds to advance ethical finance and financial inclusion in Ghana.
Access Bank Ghana participated in a five-day executive study tour in Kuala Lumpur organised by the Islamic Finance Research Institute of Ghana and Malaysia's International Islamic University, where participants studied non-interest banking, Takaful insurance, and Sukuk bonds to advance ethical finance and financial inclusion in Ghana.
The Driver and Vehicle Licensing Authority announced plans to replace all vehicle number plates in Ghana between January 1, 2027, and December 31, 2028, under a new digital vehicle identification system that will integrate with toll, insurance, police, and judiciary databases to strengthen vehicle identification and reduce revenue leakages.
Ghana's insurance industry called on the public to embrace insurance as protection against disasters during a flood clean-up exercise in Accra on July 10, 2026. The National Insurance Commission's Acting Commissioner said insurers are setting up special desks to provide prompt compensation to policyholders affected by recent floods.
An opinion piece argues that Ghana's rural inclusion gap requires concrete action beyond diagnosis: coordinated rural connectivity plans involving government, the National Communications Authority, telcos, and the Ministry of Energy; public-private partnerships to fund shared network towers and solar-powered agent points; and investment in training and compensating mobile money agents as frontline financial workers.
The Ghana Insurers Association opened its 4th International Educational Seminar, with the GIA President calling on industry players to demonstrate bold leadership and strengthen professional capacity to address emerging challenges including climate change, cyber threats, and artificial intelligence. The President highlighted insurance as a key pillar of national resilience and noted the sector's response to past disasters, including GH¢36 million in claims paid following the June 3, 2015 twin fire and flood disaster.
An opinion piece argues that Ghana's rural financial inclusion gap requires concrete action on infrastructure, mobile coverage, electricity supply, and training of mobile money agents, rather than vague corporate commitments.
The Bank of Ghana's Head of Fintech and Innovation is calling for a coordinated, industry-wide system to combat fraud across banks, mobile money operators, and fintech companies, arguing that separate systems are inadequate in an interconnected ecosystem. Ghana's digital financial sector recorded 16,733 fraud cases in 2024, up from 15,865 in 2023, with payment service providers accounting for the majority.
Absa Bank Ghana has begun operating from its new head office, named Absa Place, at 64 Independence Avenue, Ridge, Accra, relocating from its longstanding High Street location where it had operated for over a century. The new purpose-built headquarters is designed to support future growth and enhance service delivery, though it has not yet been officially commissioned.
Coronation Insurance Ghana and MTN Mobile Money have launched the Smart SME Plan, a fully digital Business Protection Insurance product designed to provide affordable risk mitigation for small and medium-sized enterprises. The initiative aims to reduce barriers such as complex paperwork and high costs that have historically limited insurance access for Ghana's informal sector.
Ghana's High Commissioner to Malaysia, Florence B. Akonor, has urged Ghana to reduce reliance on Western economic models and draw lessons from Malaysia's discipline, policy consistency and long-term vision. She made the remarks during a five-day training tour in Kuala Lumpur, where Ghana's financial regulators are studying Malaysia's non-interest banking and finance ecosystem.
FSD Africa, the British High Commission, and Ghana's Infrastructure Investment Fund have launched a Green Project Preparation Facility to bridge Ghana's infrastructure financing gap by preparing climate-aligned projects for investment. The facility is initially capitalised with GBP5 million from the UK Government.
Ghana has built world-leading financial regulation and scored above 96 per cent on the Global System for Mobile Communications Association's Mobile Money Regulatory Index, but its regulators have not all established mandatory and structured Continuous Professional Development programmes for emerging priority areas such as cybersecurity, data analytics, and digital compliance.
Ghana's insurance penetration stands at approximately 1% of GDP, well below African averages. The National Insurance Commission is driving reforms through microinsurance, digital platforms, and products tailored to the informal sector's traditional savings systems to boost coverage.
A delegation of financial sector regulators from Ghana is training at the International Islamic University of Malaysia to study the country's non-interest finance framework, as the Bank of Ghana, Securities and Exchange Commission, and National Insurance Commission prepare to roll out their own non-interest guidelines.
The Islamic Finance Research Institute of Ghana has organised a five-day International Executive Training & Study Tour on Non-Interest Banking in Kuala Lumpur, bringing together professionals from Ghana, Nigeria, Malaysia and beyond, including officials from Ghana's Securities and Exchange Commission and National Insurance Commission, to gain exposure to Malaysia's dual-banking system and regulatory framework.
The Islamic Finance Research Institute of Ghana has organised a five-day International Executive Training and Study Tour in Kuala Lumpur from June 22 to 26, 2026, bringing together professionals from Ghana, Nigeria, Malaysia and beyond to learn about non-interest banking, capital markets, and takaful insurance. Participants include officials from Ghana's Securities and Exchange Commission and National Insurance Commission.
FSD Africa, the British High Commission, and Ghana Infrastructure Investment Fund have launched a Green Project Preparation Facility to prepare climate-aligned infrastructure projects for investment, initially capitalised with £5 million from the UK Government. The facility aims to build a pipeline of investable green infrastructure projects, reduce development risk, and mobilise private capital.
Bancassurance—a partnership model where banks sell insurance products directly to customers—has emerged as a critical growth channel for Ghana's insurance industry, offering banks additional non-banking income and addressing the country's low insurance penetration rate. The arrangement differs from traditional insurance distribution channels and is regulated by both the National Insurance Commission and Bank of Ghana.
Achieving higher insurance market penetration through inclusivity requires more than innovative products and regulatory frameworks—it requires rebuilding trust among current policyholders, former policyholders, and uninsured Ghanaians by addressing delays in claim payments, claim rejections, mis-selling, poor disclosure, low insurance literacy, and weak complaint resolution mechanisms.
The National Road Safety Authority established a Technical Working Committee to investigate the Toyota Voxy, a right-hand-drive Japanese domestic market vehicle that has become notorious across Ghana's road network for safety incidents. The TWC found that Voxys were manufactured for Japanese conditions only, all models are right-hand-drive despite Ghana's ban on RHD imports, and production has ceased.
A High Court in Accra dismissed the Office of the Special Prosecutor's application to halt execution of a court order requiring the Attorney General to take over cases prosecuted by the OSP, finding the OSP lacks power to prosecute without AG authorization. The OSP plans to appeal at the Court of Appeal and has already filed legal challenges at higher courts.
ESG reporting in Ghana and Africa has expanded rapidly but often emphasizes impressive output figures while failing to track whether initiatives actually benefit communities or create lasting change. The article argues that corporations prioritize visibility over verifiability, leaving the true value of many sustainability efforts unclear.
SIC Insurance PLC posted group profit after tax of GH¢84.05 million for 2025, up 57.3 per cent from GH¢53.41 million in 2024, driven by higher insurance revenue and investment income. Auditors issued a qualified opinion citing subsidiary liabilities concerns.
Ghana's National Bureau of the ECOWAS Brown Card Insurance Scheme marked the 44th anniversary of its commencement with stakeholder celebrations in Accra. The scheme, established in 1982, facilitates compensation for motor accident victims caused by non-resident motorists across ECOWAS member states.
The Chairman of Ghana's ECOWAS Brown Card Insurance Scheme has urged motorists to insist on receiving their Brown Card certificates when purchasing motor insurance, noting that the cover becomes automatically active once a policy is issued. The Scheme, established in 1982, provides third-party liability insurance for visiting motorists in ECOWAS member states.
The Kwame Nkrumah University of Science and Technology has secured GH₵1 million from the National Insurance Commission and Ghana Insurance University College to establish a "Campus Care Project," an insurance simulation office where students will gain practical experience and develop insurance packages. The partnership aims to strengthen collaboration between academia and the insurance industry, with KNUST providing research expertise and training while NIC and GIUC provide funding support.
The Financial Stability Council has intensified reforms aimed at reducing risks and strengthening Ghana's financial sector through increased regulatory cooperation, technical team training, and new monitoring systems for virtual assets. The FSC is also preparing for Ghana's third Mutual Evaluation by GIABA to strengthen financial security measures against money laundering and terrorism financing.
The Bank of Ghana is working with the Securities and Exchange Commission, National Insurance Commission, and National Pensions Regulatory Authority to develop a sustainable finance roadmap to ensure green finance practices are aligned across the financial sector. The BoG is implementing a 10-point sustainability plan and emphasizes integrating environmental, social, and governance risks into financial institutions' core activities and long-term objectives.
The Ghana Insurance University College (GIUC) was inaugurated on May 15 after two decades as the Ghana Insurance Institute, and held its 19th graduation ceremony at which 234 students received diplomas and certificates and 27 awards were conferred.