Regulating insurance,
protecting consumers.

A resilient insurance industry,
safeguarding Ghana’s growth

Ghana’s insurers collectively paid out GH¢3.6 billion in claims in 2024 — demonstrating the sector’s financial resilience.

2024 Claim Numbers

GH¢3.6bn
Annual
GH¢299m
Monthly
GH¢9.8m
Daily

Source: NIC Ghana industry data, 2024

How the NIC protects you

We license insurers

Only companies the NIC has licensed may sell insurance in Ghana — so check before you buy.

We supervise the market

We monitor insurers so they can meet their obligations to policyholders.

We resolve complaints

If your insurer doesn't put things right, we can step in to help.

Quick links

We step up when things break down

Client Rescue Fund

We maintain a dedicated fund to step in as a safety net of last resort if an insurance company ever fails or has to leave the market. This ensures that policyholders are never left stranded with unpaid claims, protecting your hard-earned investments and giving you total peace of mind that your financial future is safe with us.

Learn more