GIC graduation and Loyalty Sale Executives appreciation


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Therestella is Young Female Achiever at the 5th Ghana Pharma Awards

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  Therestella Obosu Tei-Kwabla, CEO of Pacalin Pharmacy and Founder of Therestella’s Foundation has been awarded the Young Female Achiever at the 5 th Ghana Pharma Awards which took place Friday 7 th July, 2023 at the Kempinski Hotel - Accra. Passionate about the educational welfare of children of school going age, the 33-year-old female certified pharmacist, who doubles as health educator has established child welfare foundation which seeks to educate them [school children] on health topics such as teenage pregnancy, drug abuse, proper menstrual hygiene as well as their consequences on their lives amongst others. Commencing her child welfare foundation in May 2023, Therestella has been able to impact over 500 students. Regarding this, as a pharmacist vaccinator, she visits Tema General Hospital occasionally at their child welfare unit to educate the mothers who come for immunisation on topics such as importance of immunisation, adverse effects following immunisation, types of im...
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Ghana Re pays GH¢9m to government

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Government attributed and commended the strong performance of Ghana Reinsurance Company to the Board, Management and Staff of the company at its 17 th Annual General Meeting (AGM) in Accra last week. Ghana Re announced a group composite (life and general business) gross premium income for 2019 of GH¢253.37m compared to the GH¢205.66m recorded in 2018, representing a growth rate of 23.2%. However, a breakdown of the group shows that general business premium income recorded in 2019 was GH¢230.85m, while life premium income stood at GH¢22.52m. George Otoo, Chairman of the Board, noted that fire insurance as a line of business contributed 62.42% of the general business premium income, while accident and motor insurance contributed 20.7% and 7.8% respectively to the portfolio.  “We would not have been able to record this financial achievement in premium income without the support of our loyal cedants; for that, I thank all our cedants for contributing to our continued success,” t...
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Driver unions endorse move by the NIC to eradicate fake motor insurance

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Various driver unions have endorsed the National Insurance Commission’s (NIC) move to implement an electronic Motor Insurance Database (MID) to check the menace of fake insurance stickers and non-insurance.  This came after some national driver unions paid a courtesy call on the Commissioner of Insurance to lend their support to the initiative by the insurance regulator and also to find out more about it. The Union Executives led by Francis Sallah, expressed their delight at the move as it has been the headache of the national leadership of the of the General Transport, Petroleum and Chemical Workers Union (GTPCWU) of the Trades Union Congress (TUC) when their members fall victim to this menace due to fake insurance stickers. He bemoaned the situation where some of their unsuspecting drivers are deceived into purchasing cheap motor insurance with stickers which looked exactly like the originals. He said reality dawns on these drivers only after they are involved...
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