Ghana · West Africa · class L

Life insurance companies in Ghana

17 licensed life insurers, 35% of the 48 insurance entities supervised by the National Insurance Commission. Long-term life assurance, annuities, pensions and savings products.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Aster Life Ghana
Newer NIC-licensed life insurer
LLifeIndependentDomestic privateNICVerified—
Donewell Life Insurance CoLLifeIndependentDomestic privateNICVerified—
Enterprise Life Assurance CoGSE: EGLLLifeEnterprise GroupPan-African groupNICVerified—
Exceed Life Assurance CoLLifeIndependentDomestic privateNICVerified—
First Insurance CoLLifeIndependentDomestic privateNICVerified—
GLICO Life Insurance CoLLifeGLICO GroupDomestic privateNICVerified—
Ghana Union Assurance Life CoLLifeGUADomestic privateNICVerified—
Hollard Life Assurance Co GhanaLLifeHollard GroupPan-African groupNICVerified—
Metropolitan Life Insurance GhanaJSE: MTM
Verify - reported merger into Sanlam Allianz
LLifeMomentum GroupPan-African groupNICVerified77 Confidence: Low
Old Mutual Assurance GhanaJSE: OMULLifeOld Mutual LtdIAIGPan-African groupNICVerified94 Confidence: Low
Phoenix Life Assurance CoLLifeIndependentDomestic privateNICVerified—
Prudential Life Insurance GhanaHKEX: 2378LLifePrudential plcIAIGForeign multinationalNICVerified—
Quality Life Assurance CoLLifeIndependentDomestic privateNICVerified—
SIC Life Insurance CoState-ownedLLifeGovernment of GhanaState-owned / parastatalNICVerified—
Sanlam Allianz Life Insurance Ghana
Merger of Allianz Life and Saham Life Ghana
LLifeSanlam AllianzIAIGPan-African groupNICVerified—
StarLife Assurance CoLLifeStar Assurance GroupDomestic privateNICVerified—
miLife InsuranceLLifeIndependentDomestic privateNICVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About life insurers in Ghana

How many life insurers are licensed in Ghana?

17 of the 48 licensed insurance entities this directory lists in Ghana are classified as life (35%). Verified against the regulator register.

Who regulates life insurers in Ghana?

National Insurance Commission (NIC). Regime: Insurance Act 2021 (Act 1061). Official website: https://nicgh.org.

Who owns the life insurers in Ghana?

Of the 17 licensed life insurers in Ghana, 10 are domestic private companies, 5 are members of pan-African groups (Enterprise Group, Hollard Group, Momentum Group), 1 is a subsidiary of a foreign multinational group (Prudential plc), and 1 is state-owned or parastatal (Government of Ghana), as recorded in the register.

Data: /api/v1/countries/ghana.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.