Reinsurance involves insurance companies redistributing their risk by acquiring insurance policies from other insurers to minimize potential losses.
Below Is List Of Insurance Companies In Ghana And Their Contact Numbers
Often referred to as “insurance for insurers,” reinsurance plays a crucial role in safeguarding insurance companies from significant exposure to major disasters. This mechanism, in turn, enhances the stability of the industry and facilitates broader coverage options. Continue reading to learn about reinsurance and its role within the insurance sector.
The concept of reinsurance has existed for many centuries. According to the Reinsurance Association of America, it can be traced back to the 14th century when it provided marine and fire reinsurance. In contrast to primary insurance, which is provided to individuals and businesses, reinsurance is given to insurance firms to shield them from specific losses and risks. Regulations in the U.S. mandate that reinsurers maintain financial solvency to fulfill their obligations to insurance companies.
Reinsurance is essential for insurance firms. It enables them to grow and accept more clients while sharing some of the risk with a third party known as the reinsurance company. The initial insurance company that gathers premiums from clients and allocates part of this risk to other insurers is referred to as the ceding insurer, as they cede both a portion of the premiums and some of the risk to another insurer.
| Activa International Insurance Company-Ghana Limited | Mr. Benjamin Yamoah Chief Executive Officer |
PMB KA 85, Airport, Accra Grant House, No. 5 Barnes Road Farrar Avenue, Adabraka Accra Tel: +233 302 686 352/672 145/685115-20 Fax: +233 302 685 176 E-mail: info.gh@group-activa.com Website: www.activa-ghana.com |
| Bedrock Insurance Company Limited | Mr. Ernest Frimpong Ag. Chief Executive Officer |
P. O. Box AN 5879, Accra North Location: Third Floor, C625/3, Fourth Crescent, Asylum Down, Accra GPS Address: GA-048-3658, Borsue Lane Telephone: 050 1673296 Email: info@bedrockinsurancegh.com Website: https://www.bedrockinsurancegh.com |
| Best Assurance Company Limited | Andrew Osei-Bonsu (Ag.) Chief Executive Officer |
P. O. Box CT 11022 Cantonments-Accra Loc: Opp. American House, East Legon Tel: +233(0)302 544 145/46/48/49 E-mail: info@bestassurance.com.gh www.bestassurance.com.gh |
| Coronation Insurance Ghana LTD | Dr. Yaw Adom-Boateng Managing Director |
Location: 35, Aviation Road Airport, Residential Area Accra PMB 163 K.I.A-Accra, Ghana Tel.: 0302 773616 / 0302 772606 e-mail: infoghana@wapic.com Website: www.wapic.com/gh |
| Donewell Insurance LTD | Mr. Seth Aklasi Chief Executive Officer |
P. O. Box GP2136, Accra Tel. 763 065, 763 118, 763 171, 701 1560/ info@donewellinsurance.com www.donewellinsurance.com F33/1 Carl Quist Street, Kuku Hill Osu RE |
| Enterprise Insurance LTD | Mrs. Akosua Ansah-Antwi Chief Executive Officer |
PMB GPO, Accra 030 266 6847-9/ 666 856-8 Advantage Place, Mayor Road, Ridge West – Accra info.insurance@enterprisegroup.com.gh http://www.enterprisegroup.com.gh |
| Ghana Union Assurance LTD | Ms. Aretha Duku Managing Director |
P. O. Box 1322, Accra 0302 – 780625/6, 780628/9-10 Fax: 0302 – 780647 Loc. F828/1Ring Road East, Osu e-mail: gua@ghanaunionassurancecompany.com |
| Glico General Insurance LTD | Mr. Andrew Achampong- Kyei Esq. Managing Director |
P. O. Box 4251, Accra-Ghana Tel.: 0302 – 253021,245235, Fax: 0302 – 258211 Glico Hs. No. 47 Kwame Nkrumah Avenue e-mail: info@glicogeneral.com www.glicogeneral.com |
| Heritage Energy Insurance Company Limited | Statutory Manager | P.O. Box CI 6342, Cantonments, Accra Tel. 0302 769789/ 768463 Location: 65 Patrice Lumumba Road, Airport Residential Area, Accra info@regencynem.com, www.regencynem.com |
| Hollard Insurance Ghana LTD | Mr. Daniel Boi Addo Managing Director |
P. O. Box 20084, Accra 0302-220966/2227439/2241322/2242554/2225296/2225289/120070/1 e-mail: info@hollard.com.gh, JamesA@hollard.com.gh No. 11 Patrice Lumumba Road Airport Residential Area, Accra |
| Imperial General Assurance Company Limited | Mr. Harry Ofori Attah Managing Director |
P. 0. Box CT 10686, Cantonments, Accra Tel: +233 577667436-8 / 0302-788955 Email: info@imperialgeneral.com Website: www.imperialgeneral.com Location: No. 10 1st Norla Street, Labone, Accra |
| Loyalty Insurance Company Limited | Mr. Nana Yaw Osei Managing Director |
P. O. Box YK 1073, Kanda, Accra Tel: 030 397 8389 / 030 221 5810 Location: No.3. Justice A. Brobbey Avenue Mile 7. Achimota, Accra. At the block of Frimps Oil Service Station. email address: info@loyaltyinsurancegh.com website:www.loyaltyinsurancegh.com Digital Address: GW-1056-6962 |
| Millennium Insurance Company Limited | Mr. Oliver Akubia Managing Director |
P. O. Box KA 18210, Airport-Accra Tel. 0302 766633, 0544322144 Fax: 0302 763323 Location No. 8th Avenue Extension, Dr Isert Street, Near the Swiss Spirit, Alisa Hotel North-Ridge, Accra |
| NSIA Insurance Company Limited | Norrender Wordie Debrah Managing Director |
P.O. Box 3 GP 114, Accra Tel.: 0302210180 Mobile: 0209780807 Fax: 0302 – 210181 Website: www.nsiainsurance.com.gh Email: info@nsiainsurance.com.gh Location: 14/16 Main Street Tesano |
| Phoenix Insurance Company Limited | Mr. Henry Bukari Managing Director |
P. O. Box 17753, Accra-North, 911 Tel. 246319, 245921 Fax: 246311 e-mail: info@phoenixghana.com Website: www.phoenixghana.com 244/3 6th Ringway Link Estates, Accra |
| Prime Insurance Company Limited | Dr. Joseph Nyarkotei Dorh Managing Director |
P. O. Box GP 21222 Accra Tel. 0302 2229062/ 0302 233499/ 0302 234078 0302 3976799 Location: 12th Unit, SU Tower, Castle Road, North Ridge e-mail: info@primeinsuranceghana.com www.primeinsuranceghana.com |
| Priority Insurance LTD | Mr. Matthew Aidoo Managing Director |
P. O. BOX GP 13808 Accra Tel: 0302 979478,979477 0243138803,055 3019060,0505719499 Location Priority House No. 502/1, Avenor Junction Adjacent to C. Woermann (Ghana) Ltd. Kwame Nkrumah Circle to Caprice Rd. Email address:info@priorityinsuranceghnana.net |
| Provident Insurance Company Limited | Mr. Ken Doh Managing Director |
P. O. Box 782, Accra 221096/229807/233964 Fax:239463 Provident Towers, Ring Road Central e-mail: provident@provident-gh.com |
| Quality Insurance Company Limited | Mr. Kobina Addison Chief Executive Officer |
P. O. Box MP1252, Mamprobi, Accra Tel. 258125-30,258130-4, 241016 Fax:220165/258135/258136 Quality House, Ring Road Central, Kokomlemle e-mail: headoffice@qicghana.com www.qicghana.com |
| Regency Nem Insurance Ghana Limited | Statutory Manager | Tel. 0302 769789/ 768463/ 778106/ 220798 Fax: 0302 782871 Location: 65 Patrice Lumumba Road, Airport Residential Area, Accra e-mail: info@regencynem.com www.regencynem.com |
| Sanlam Allianz General Insurance Ghana LTD | Mrs. Mabel Nana Nyarkoa Porbley Managing Director |
P.O. Box GP 1292, Accra- Ghana Tel.: 0302 226941 / 0302 226942 Loc.: No. 115 Angola Avenue, Ringway Estate, Osu, Accra GPS : GA-031-5193 Email : infoghana@gh.sanlam.com Website: www.gh.sanlam.com |
| Serene Insurance Company | Mrs. Mercy Naa Koshie Boampong Chief Executive Officer |
First Floor, First Sky Towers Community 25 Junction (After Kpone Barrier), Tema PMB CO 90, Tema Tel: +233 (0)302917444/6/7 Website: www.sereneinsurance.com E-mail: |
| SIC Insurance PLC | Mr. James Agyenim-Boateng Managing Director |
Head Office: Ring Road East (Nyemetei House) P. O. Box 2363, Accra Tel. 780600-9 Fax: 780615 e-mail: sicinfo@sic-gh.com Website www.sic-gh.com |
| Star Assurance Limited Company | Mrs. Boatemaa Barfour-Awuah Managing Director |
Loc:1st floor, Stanbic Heights Building, 215 South Liberation LinkP. O. Box 7532, Accra-North 028935337/ 0289353538/0289353539, 245906/245908 Fax:230624 e-mail: sac@starassurance.com www.starassurance.com |
| SUNU Assurances Ghana LTD | Mr. Matheu N’katta Ag. Managing Director |
P. O. Box 16235 KIA Accra Tel: 0302 – 770548, 769542 Fax:0302 769592 Location: House No. C70/14 Adjacent Grand Pacific Ltd. Motorway Extension, on the N1 Highway Dzorwulu, Accra Ghana Post Address: GA 157-7723 e-mail: ghana@sunu-group.com Website: www.sunu-group.com |
| Unique Insurance Company Limited | Mr. Victor Obeng-Adiyah Chief Executive Officer |
Loc:No. 86 North Ridge, Ring Road Central Formers office of KLM behind Total Filling Station and next to DHL Head office P. O. Box AN 5721, Accra-North Tel. 0302 -248174-7, 2248175, 228176, 2248177, 2241892 Fax: 0302 2248173, 2221430 e-mail: uniqueinsurance-gh.com www.uniqueinsuranceghana.com |
| Vanguard Assurance Company Limited | Mr. Frederick Saka Managing Director |
P. O. Box 1868, Accra 666485-7/669096/7010680-2 780146 /7010677/9 Fax:668610 Independence Avenue near CAL Bank E-mail:info@vanguardassurance.com |
Source:
nicgh.org
