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NIC Verses Swaytel Insurance Company Limited (an unlicenced Company)

Posted September 7, 2018

The general public is being informed that the trial of the person accused of operating an unlicensed insurance company, Swaytel Insurance Company Limited, in Swedru has ended. The accused person, Emmanuel Kwame Adjei, was found guilty and convicted by the court on all seven counts, including operating an unlicenced insurance company, forging of fake Motor […]

NIC to have Central Database for Authenticating Insurance Policies

Posted

As part of measures to deal with the problem of fake insurance certificates, the National Insurance Commission (NIC) is to roll out a central database system where all policies issued by insurance companies would reflect to ensure easy verification. “We are going to have a system whereby it will be easy for the police to […]

2018 Industry Training Programmes / Workshops

Posted April 10, 2018

The National Insurance Commission (NIC) in its bid to promote efficiency and the development of the industry will be organizing a series of training programmes/workshops targeted at the key functionaries in the industry. A letter has been sent to the industry to that effect. Please note that some of the workshops will be residential, whilst […]

CEOs and Directors Workshop Organized by the NIC

Posted April 9, 2018

The National Insurance Commission (NIC) in conjunction with the Ghana Insurance College (GIC), held a three-day residential workshop on Risk Management and Corporate Governance at the Coconut Grove Beach Hotel from 4th to 6th April, 2018. The workshop, which is the first of the NIC’s 2018 training programmes for the industry, was for Insurance and […]

PUBLIC NOTICE: Swaytel Insurance Company Limited

Posted April 3, 2018

It has come to the attention of the National Insurance Commission (NIC) that, a company by name Swaytel Insurance Company Limited is operating an insurance business without insurance licence. The NIC wishes to inform the public that it has not licensed any company by name Swaytel Insurance Company Limited and therefore the said company is […]

PUBLIC NOTICE: Compulsory Insurance for Private Commercial Buildings

Posted March 2, 2018

The National Insurance Commission (NIC) wishes to remind the public that it is required of all owners or occupiers of private commercial organisations to obtain the Compulsory Fire Insurance for commercial buildings both completed and under construction, as per Sections 183 and 184 of the Insurance Act 2006, (Act 724). A private commercial building under […]

PUBLIC NOTICE

Posted September 29, 2017

It has come to the attention of the National Insurance Commission (NIC) that, a company by name International Insurance (Ghana) Company (IIC) is operating an insurance business without insurance licence. The NIC wishes to inform the public that it has not licenced any company by name International Insurance (Ghana) Company and therefore the said company […]

Mr. Justice Yaw Ofori Appointed as Commissioner of Insurance

Posted August 28, 2017

The President has appointed Mr. Justice Yaw Ofori, as the Commissioner of the National Insurance Commission (NIC). Mr. Ofori, until his appointment was the Director of the Ghana Insurance College. He holds an International Executive MBA and a B.A. Honours from the University of Ghana (Political Science Major) Mr. Ofori is a Fellow of the […]

NIC Embarks on Enforcement Exercise

Posted March 28, 2017

The National Insurance Commission (NIC) Task-force has arrested the heads of two companies in the Greater Accra Metropolis for failing to insure their commercial property. The companies are the General Auto Zone Company and Ghana Heavy Duty Truck and Spare Parts, which were detained at the Police Headquarters for the necessary action. They were among […]

Notice to the Public

Posted August 16, 2016

The National Insurance Commission (NIC) in pursuit of its statutory function wishes to inform the General Public that: Adamas Life Assurance Company Limited is undergoing regulatory intervention to improve its operational efficiency: In view of this, the company has been directed (among other things): • To stop writing new insurance business • Not to renew […]