Results for "Insurance Act"
2260 results.
General
NIC organizes workshop for High Court Justices
Speaking on behalf of the Chief Justice, a Justice of the Supreme Court, Justice Tanko highlighted key provisions of the Insurance Act, 2021 (Act 1061), which replaced the earlier Insurance Act of 2006 (Act 724).
DL News
Courts
Insurance practitioner sues NIC
The CAP 2021 is a policy guideline, which brings the practice of injury claim settlement within the provision of the law, particularly section 255 of the Insurance Act 2021, Act 1061.
DL News
General
Fitting shops, commercial buildings must be insured – Insurance Commissioner
“Insurance is a pool where everybody puts in money to take care of the unfortunate few,”
DL News
Tech
What’s Happening in Insurance in 2022?
Below, we take a look at some of the hottest topics in insurance and reinsurance and how they are expected to impact the sector in the remainder of 2022 and beyond.
lawyer-monthly.com | Oliver Sullivan
Business
BoG warns of sanctions in bancassurance directives to stakeholders in financial sector
Bancassurance, which involves partnerships between banks and insurance companies to offer insurance products through banking channels, has significantly expanded across Africa and globally since the 1980s.
DL News
Business
New Insurance tax could cripple local firms and cost jobs-MP warns
Set to take effect on July 1, 2025, the Ghana Revenue Authority (GRA) has announced a 15% Value Added Tax (VAT) on non-life insurance services — including policies covering property, health, and travel. Motor insurance, however, is excluded...
DL News
Business
Insurance companies urged to stop premium undercutting to sustain industry
Speaking at a seminar organized by the West Africa Chartered Property Underwriter (CPCU) Society Chapter in Accra, Mr. Andoh highlighted that premium undercutting poses a significant challenge to the insurance industry.
DL News
Crime
Policewoman allegedly insured family members, hired hitmen to kill them and claimed insurance money.
Ndlovu is said to have submitted several claims to various insurance companies on the policies she initiated on her sister and was paid over R700 000.
DL News
General
Exposition of the current position of the law on corruption, anti-money laundering and narcotics
The law is settled that no person shall be convicted of a criminal offence unless the offence is defined and its penalty is prescribed in a written law[37].
DL News
Business
ECOWAS Brown Card Insurance Scheme: Expert calls for expedited claims payment
Mr. Bukari, who is Managing Director of Phoenix Insurance Company Ghana, further emphasized the importance of facilitating the seamless movement of individuals across ECOWAS countries.
DL News
Crime
91 Vehicles impounded over fake insurance certificates
he Eastern Regional Director of the DVLA, Mr Sylvanus Markwei appealed to drivers to remove all additional headlamps from their vehicles especially lamps that had not been approved.
DL News
Crime
Oda police, NIC impound 66 vehicles with fake insurance
“We arrested about 35 vehicles yesterday and 31 vehicles today, which happens to be the second day of our three-day operation
DL News
Business
Jeweller sues Donewell Insurance over $3m burglary claim
According to the statement of claim, Elok & Sons Ltd. says it took out a combined fire and burglary insurance policy with Donewell around August 2025 after officials of the insurance company inspected its jewellery shop, premises and stock.
DL News
Business
Insurers win landmark appeal on COVID pandemic furlough deductions
This ruling has wide-reaching implications for policyholders seeking compensation for losses suffered during the pandemic, especially in terms of the government’s furlough scheme.
Lawyer Monthly
Business
Ghana card to be compulsory for all insurance policies from January 2026
In a directive issued to insurers, the Commission said no motor or general insurance transaction should be processed for an individual without a valid national ID under the Ghana card system.
DL News
Business
Deloitte urges insurance firms to build strong fraud defenses against cyber threats
Deloitte Ghana’s Assurance Partner, Dr. Kwabena Situ, has advised insurance firms to adopt strong anti-fraud frameworks to protect against both internal misconduct and rising cybersecurity threats.
DL news