Reinsurance Guidelines 2017
a. Risks located in Ghana must be carved out of the global programme and place locally using local policy terms and rating. After the exhaustion of local capacity and the NIC's approval, the reinsurance may be placed with the insured's preferred global reinsurer. Such local policies should have the difference in terms or difference in conditions clause to protect the international client where there is a limitation in scope of cover on the local policy wording.
b. Where an insured wants cover for a risk or peril outside the standard cover, that risk or peril should be insured as a stand alone (and NIC approval sought), and not made part of the standard cover
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
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