Insurance Commissioner Bemoans Malpractices In The Industry

The Commissioner of the National Insurance Commission (NIC), Mrs Nyamikeh Kyiamah has stated that the domination of foreign companies in the insurance industry is having adverse effect on the Ghanaian economy. ?It is sad to note that some of the foreign companies have resorted to unethical marketing and underwriting practices as well as bad credit management practices to manage the competition and stay in business,? she said. Speaking at the opening of the West African Insurance Companies ... Read More Read Full Story