
Results for "NIC"
18 results.

General
NIC to resume enforcement of compulsory fire insurance
The Deputy Commissioner said this in an interview with the media when the NIC made a GHȼ300,000 donation to the Ghana National Fire Service (GNFS).
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

Courts
Court orders liquidation of RegencyNem Insurance Ghana Limited
In April 2021, The National Insurance Commission imposed supervisory restrictions on RegencyNem Insurance Ltd. following some regulatory breaches that the firm had not been able to resolve.
DL News

Africa
Lebanese arrested for operating illegal insurance firm
When found culpable, the appropriate charges will be preferred against them and the commencement of their prosecution in a Court of Law”.
DL News

Crime
Lebanese arrested for operating illegal insurance firm
When found culpable, the appropriate charges will be preferred against them and the commencement of their prosecution in a Court of Law”.
DL News

Courts
Lawyer drags DVLA, NIC to court over Toyota Voxy licensing, registration
The plaintiff, Osei Kwabena Esq., is asking the court to declare the practice unlawful, arguing that the vehicles are being allowed onto Ghanaian roads without the necessary regulatory safeguards.
DL News

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

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

General
NIC to revoke licenses of insurers that fail to recapitalize by December 31st
The insurance firms were given up till January 1st, 2022 to boost their capital bases
DL News

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
Expand your knowledge, understanding of new Insurance Act – CJ tells Judges
“As judges, we are mandated to resolve all disputes and legalities that may come before us under the Act and we should be able to resolve them in accordance and purpose for which the Act was enacted,”
DL News

General
12 Statutes passed by Parliament of Ghana in 2021
The various Statutes can be categorized under four(4) main themes/ areas of the law; Taxation, Finance, Insurance, and National Security.
DL News

General
New towing service for breakdown vehicles— NRSA Director-General
In spite of the law, some breakdown vehicles are left on the road for many days and, sometimes, months without being cleared.
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



