Sunday, November 27, 2016

Ghana’s largest Insurer Delays beginning units in West Africa as end result of Ebola



SIC insurance Co., Ghana’s largest insurer, has put on hold plans to open units in Sierra Leone and Liberia as the nations struggle to contain the arena’s worst outbreak of Ebola.
The agency, which become studying the economic viability of the plans, regarded to open trendy insurance organizations in the West African countries, dealing with Director Doris Awo Nkani said via cellphone today. The units could have supplied motor, twist of fate, marine, aviation and hearth insurance amongst other products, she said.
“due to the Ebola state of affairs, the board this 12 months determined to position the plans on preserve,” Nkani stated. “I don’t assume the plans may be revived anytime soon.”
Sierra Leone and Liberia be part of neighboring Guinea as the countries hardest hit by means of the Ebola outbreak in West Africa. approximately five,000 people have died when you consider that December inside the area, curtailing financial boom. SIC’s shares fell 2.4 percent to forty pesewas in Accra today, paring the 2014 enhance to two.6 percent.

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