Ghana Insurance

The Ghanaian insurance industry has experienced a decade of rapid growth, and the proliferation of private companies and brokers. Government efforts to strengthen the financial sector and new leadership at the National Insurance Commission, the industry regulator, contributed to rising optimism in late 2017. The regulator and the government are aiming to increase insurance penetration to 10% of GDP. The growth of new business lines such as bancassurance, micro-insurance and mobile insurance should help bring this target into reach, although there is still ample progress to be made.

This chapter contains interviews with Justice Yaw Ofori, Commissioner, National Insurance Commission; and Aaron Issa Anafure, Former CEO, SIC Life Insurance.

The Report: Ghana 2018

The Report

This chapter is from the Ghana 2018 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Aaron Issa Anafure, Former CEO, SIC Life Insurance
Aaron Issa Anafure, Former CEO, SIC Life Insurance: Interview