Economics and Business

Accra : Ghana Reinsurance Company Marks 50th Anniversary

The Ghana Reinsurance Company Limited (Ghana Re) has held its 50th Anniversary retreat in Accra, with a call on Ghanaians to insure their property to enable them recoup their losses.
The aim of the retreat was to bring unity among partners in Ghana, to help address the grievances of clients and to examine the merits and demerits of phasing out the mandatory cessions becoming a norm in Africa.
Speaking with Kessben news, Mr. George Mensah, Managing Director of Ghana Re commended government for its efforts and contribution towards the growth of the company.
He said Ghana Re had chalked out success and trust among clients through its good relationship and the excellent discharge of it responsibilities. The company is ready to reach out to new heights in its global networking to meet standards through clients’ suggestions.
He said Ghana Re was formed through the initiative of the United Nations Conference on Trade and Development, which encouraged developing countries to form local and regional reinsurance companies with the view to create increased local capacity.

Moreover, Mr. George Mensah, Managing Director of Ghana Re advised insurance companies to adopt new ways of educating the public on the need to register their property with the insurance companies to secure them.

Director General of SIGA Ambassador Edward added that, there should be leadership text books within the schools that will serve as great resources to the students and also celebrate our leaders whiles they are still Alive.

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