Tag: Milife Insurance
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NIC to announce new capital requirement for insurance industry before end of year
The National Insurance Commission (NIC) will before the end of the year 2018 announce a new minimum capital requirement for the insurance industry. This is according to the Head of Supervision of the NIC, Seth Eshun. Currently, the minimum capital requirement for insurance companies is 15 million Ghana cedis. According to the NIC, the delay…