Penalties For Non-Compliance With NIC Directives
Any insurer, who fails to remit reinsurance premiums on local facultative contracts within 48 hours after receiving the premium from the insured after t e approved cheque clearing days by the Bank of Ghana, shall be liable to a penalty o 5 times the reinsurance premiums involved.
Subject : Penalties For Non-ComplianceProcedure to Follow
Not Avaiable
Responsible Institution
- Email: info@nicgh.org
- Website: https://nicgh.org/
- GPS:
- Telephone: 0302238300 /030 2 238301
Relevant Forms to Download
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Online System
Fees/ charges
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