A study of colonial history of the United Kingdom shows that its economy depended, for many years, largely, on the income derived from insurance on shipping and banking for the balance of their trade. Hence, the establishment of overseas branch offices of United Kingdom Insurance Companies in Ghana and other West Africa countries. Shortly after […]
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Everything negative – pressure, challenges – is all an opportunity for me to rise, Kobe Bryant. It attracted my attention, a statement by the transport minister on behalf of the government concerning the recent Tema tollbooth motor accident. The Government has assured footing all medical bills of all the victims injured on Monday, 5th July […]
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The current chief of staff of Ghana is Madam Akosua Frema Osei-Opare who many people have described as a true mother. She gives out love to many and shows motherly love to everyone that comes her way. She is a politician and an economist. She is from Wiamoase in the Ashanti Region which happens to […]
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I recently traveled to have the funeral of my late father Hon. Emmanuel Donkor in my hometown, Wiamoase. There was something that caught my attention because I saw it more than twice. I saw people sitting on goods in a moving truck. This is a good carrying vehicle and what will happen to these people […]
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It is important to state that, in developing countries like Luxembourg, with a GDP of more than $70Billion, insurance penetration as at 2017 was 38.8%. This is followed by countries like Hong Kong/China and Ireland with an insurance penetration rate of 17.9% and 13.6% respectively. In Africa, South Africa has the highest level of insurance […]
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Maxam Company Limited, the company whose mining truck was involved in the Appiate disaster, has been fined 6 million dollars. According to the statement, Maxam shall pay the fine of one million United States dollars (US$1,000,000.00) or its cedi equivalent at the prevailing commercial rate before the restoration of its permit to manufacture, store, supply, and/or transport […]
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Gradually, customers are showing interest in insurers who offer seamless experiences and complete transactions virtually and instantly. Thanks to growing middle class of the society. “Through technology, there are massive improvement in business operations. Procedures are being streamlined whiles costs are being reduced”. The insurance sector continues to be disrupted with new customer-oriented innovations. With […]
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My heart is heavy as I write this piece. Initially, I decided not to write but to move forward better as a country compelled me to do this. My deepest condolences go to all Ghanaians, especially the families that have lost their dear ones. This is not the first time I have witnessed a disaster […]
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It is an honour to have such a hardworking leader who is very well well-informed about the technological development and trends in the world. Your push for digitization in Ghana is commendable Sir. Kindly let me share this quote from John Q. Adams which says, “if your actions inspire others to dream more, learn more, […]
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Introduction The Chartered Insurance Institute of Ghana had its residential conference at the Rock City Hotel in the Eastern region from the 8th – 11th of December 2021 under the theme, “Increasing Insurance Penetration and Coverage; Role of Regulation, Innovation, and Ethics. Unfortunately, I could not be there but I decided to do a bit […]
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