GLICO General petitions Mahama over insurance industry concerns

​ 120-150GLICO General Insurance Company Limited has submitted a formal petition to the President, raising concerns over issues it says are affecting its operations and the broader insurance industry. Read More On

Summary:
GLICO General Insurance Company Ltd has formally petitioned President John Dramani Mahama, raising serious concerns about regulatory and administrative issues affecting its operations and the wider insurance industry in Ghana. In the petition signed by the company’s Managing Director, GLICO General argued that unresolved challenges could undermine confidence and stability in the sector, weaken investor trust, and harm policyholders and other stakeholders. The firm urged the President to intervene at the highest level to ensure fairness, due process and institutional accountability so that the industry can function effectively and support economic growth