This chapter includes the following articles.
There is strong potential for growth in the Ghanaian insurance sector. The industry is working to design and market products for uninsured populations, including the emerging middle class and those in the informal sector. For its part, the regulator is making efforts to increase capacity among the more than 50 insurance providers, which would allow underwriters to take on larger, riskier policies. Increasing minimum capital requirements are expected to lead to stronger underwriting capacity across the industry, while the development of microinsurance and m-insurance products for citizens on lower incomes will drive further industry growth.
This chapter contains an interview with Lydia Lariba Bawa, Commissioner, National Insurance Commission.