News
COVID-19: Insurers discuss impact on industry
Krif Ghana Limited, distributors of office stationery and equipment, and publishers of Integrity Magazine, has held its 4th Webinar series on the effects of COVID-19 on Corporate Ghana.
Last Tuesday’s event, which focused on the insurance industry, brought on board insurers across the country, who touched on various aspects of the insurance sector, with a call on Ghanaians to “be interested in insurance”.
Experts took turns to explain the present and future outlook of the insurance industry amidst the COVID-19 outbreak.
Rev. Kennedy Okosun, the Chief Executive Officer of Krif Ghana Limited, urged insurance companies to do more in building trust with its stakeholders.
According to him, a well-developed insurance industry was “a requisite necessity in the efforts to improve the stability of the financial markets and protect individuals and businesses from losses” in the difficult times of COVID-19.
He believes the period could be “the catalyst for the insurance industry to cash in as the world is at the mercy of natural disasters and accidents.”
Making further reference to the pandemic, he urged the public to ensure they were “well covered and protected in case of any eventuality.”
Mr Edward Forkuo Kyei, Chief Executive Officer, GLICO Group, also agreed that insurance companies could take advantage of the “opportunities amidst the difficulties.”
He said COVID-19 had opened the doors for the use of various technologies to conduct virtual meetings, which were as effective as face-to-face meetings.
“These turbulent times may very well be the turning point that will drive transformational change across the insurance industry. Those who take a customer-first attitude, reset and fundamentally rethink how they do business will find themselves emerging from a position of strength when the dust settles,” he said.
Mr Shaibu Ali, Chief Executive Officer of KEK Reinsurance Brokers (Africa) Ltd said insurance brokers had as well adopted new approaches to doing business and interacting with clients.
Madam Ernestina Abeh, Managing Director of Enterprise Insurance Company Limited, in her analysis, said the country’s general insurance industry had not been plagued by “large claims as a result of the pandemic” as compared with western markets.
She explained that the pandemic had enabled insurance companies to go digital to reduce operational cost to some extent.
By Spectator Reporter
The Tema Regional Police Command has arrested a 30-year-old driver, Bismark Kpormeno, for possession of a large quantity of compressed plant materials suspected to be Indian hemp.
The arrest was made on Sunday, 31 May 2026 by officers of the Tema Highway Patrol Unit during an operation along the Tema-Ada road.
According to police, the suspect was driving a Hyundai Mighty I container truck and failed to stop when signaled. He attempted to evade arrest but was pursued and apprehended at Bondase.
A search of the vehicle revealed twelve 12 sacks and eighty 80 parcels of compressed plant materials concealed in a container and wrapped in sellotape.
Preliminary investigations show the narcotics were allegedly loaded at Kpeve in the Volta Region and were being transported to Ada.
The suspect is currently in police custody assisting with investigations. The truck and exhibits have been impounded for evidential purposes.
The Tema Regional Police Command says it remains committed to combating drug trafficking and other criminal activities.
They also urged the public to support law enforcement by providing timely and credible information on suspicious activities.
Firefighters from the Peki Fire Station of the Ghana National Fire Service (GNFS) responded swiftly to a fatal head-on collision involving a Mercedes-Benz container truck (WR 1553-C) travelling from Nkwanta to Accra and a Mercedes-Benz passenger bus (GR 3215-E) travelling from Battor to Kabiti in the Oti Region.
The crash occurred at Peki-Tsame near Peki Senior High School in the early hours of Tuesday, 2nd June 2026.
A total of forty (40) persons were involved, comprising twenty-one (21) males, fifteen (15) females, and four (4) children.
Through a coordinated rescue operation, firefighters extricated 25 injured casualties, including 23 adults and two children.
Sadly, 15 persons lost their lives, made up of nine males and 6 females.
The injured were conveyed to the Peki Government Hospital for treatment, while the deceased were handed over to the Police, who conveyed them to the hospital mortuary for preservation and further investigation. The cause of the accident remains under investigation.
The Ghana National Fire Service has extended its deepest condolences to the bereaved families and urges all motorists to observe road traffic regulations, avoid dangerous driving practices, and exercise maximum caution on the roads to help prevent accidents and save lives.
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