Insurance Companies

In 1962, the government set up the State Insurance Corp. (SIC) with the primary aims of tightening control over the activities of insurance companies (including their investment policies) and providing insurance coverage for the government and governmental bodies. In 1972, the SIC started a new subsidiary, the Ghana Reinsurance Organization, to curb the outflow of reinsurance premiums from the country. Insurance services were available as of 1997 through 16 companies, five of them classified as foreign (although a 1976 law required the latter to distribute 20% of equity to the government and 40% to Ghanaian partners). There are over twenty four (24) insurance companies currently operating in Ghana.

Companies

State Insurance Company - tel: 233-21-66696-10

Ghana Re-Insurance Organisation - tel: 233-21-220660/220697

Enterprise Insurance Company - tel: 233-21-66856-58

Ghana Union Assurance - tel: 233-21-664421

Vanguard Assurance - tel: 233-21-664259/665791

Provident Insurance Company - tel: 233-21-221096/229809

Inter-Life and Ghana Insurance Company - tel: 233-21-667339/662174

Beacon Insurance Company - tel: 233-21-667858

Continental Assurance Company - tel: 233-21-667019/227723

Gamin Life Insurance Company - tel: 233-21-222117

Star Assurance Company - tel: 233-21-233-21-664984/662191

United Ghana Insurance - tel: 233-21-228824

Crusader Insurance Company - tel: 233-21-229679

Reliance Insurance Company - tel: 233-21-666270

Trans-Universal Assurance - tel: 233-21-666354/662756

New India Assurance Company - tel: 233-21-664522

Nationwide Insurance Company - tel: 233-21-666487

Great African Insurance Company - tel: 233-21-227459/227813

Donewell Insurance Company - tel: 233-21-772778

Madison Insurance Company - tel: 233-21-220966/227439

Mainstream Re-Insurance Company - tel: 233-21-233512

Phoenix Insurance Company - tel: 233-21-225238

Quality Insurance Company - tel: 233-21-234017

Metropolitan Insurance Company - tel: 233-21-220966/227439

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