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TMCNet:  Governance, Risk and Compliance in The Ghanaian Insurance Industry 2017 - Research and Markets

[March 15, 2017]

Governance, Risk and Compliance in The Ghanaian Insurance Industry 2017 - Research and Markets

Research and Markets has announced the addition of the "Governance, Risk and Compliance - The Ghanaian Insurance Industry" report to their offering.

The 'Governance, Risk and Compliance - The Ghanaian Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Ghana.

It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.

The report brings together research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the regulatory frmework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.

Key Highlights:

- The insurance industry of Ghana is regulated by the NIC (News - Alert)

- Insurance to commercial buildings, motor third-party liability insurance and workmen's compensation insurance are mandatory in Ghana.

- Composite insurance licenses are not granted in Ghana.

- 60% foreign direct investment is permitted in the Ghanaian insurance industry.

- The placement of non-admitted insurance and reinsurance are not permitted, with a few exceptions.

Key Topics Covered:

1 Introduction

2 Governance, Risk And Compliance

2.1 Legislation Overview and Historical Evolution

2.2 Latest Changes in Regulation

2.3 Legislation and Market Practice by Type of Insurance

2.4 Compulsory Insurance

2.5 Supervision and Control

2.6 Non-Admitted Insurance Regulations

2.7 Company Registration and Operations

2.8 Taxation

2.9 Legal System

3 Appendix

Companies Mentioned

- Africa Re

For more information about this report visit

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