Reinsurance Guidelines 2017
The objectives of these reinsurance guidelines are as follows:
i) To ensure that all reinsurance arrangements entered into by insurers meet the approval of the Commission and such arrangements are in the best interest of the industry and the country
To ensure local capacity is utilized by lead insurers through participatory offer to other insurers with appropriate security before recourse to overseas reinsurance placement iii) To ensure that each registered insurer on the market has access to risks emanating from the market without having to lead the placements thus preventing a situation that invariably results in unhealthy competition and the undercutting of rates iv) To avoid the flight of premiums overseas on risks which the Ghana market has the capacity to retain
v) To ensure that all insurers are assured of growth and ultimately the general development of the Ghana Insurance Market
Procedure to Follow
Not Avaiable
Responsible Institution
- Email: info@nicgh.org
- Website: https://nicgh.org/
- GPS:
- Telephone: 0302238300 /030 2 238301
Relevant Forms to Download
Not Available
Online System
Fees/ charges
Not Avaiable
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