Ranking of non-life insurers in Ghana per 2019 turnover
In thousands
| Non-life companies | 2019 turnover | 2018 turnover | 2018-2019 evolution * | Non-life shares 2019 | ||
|---|---|---|---|---|---|---|
| GHS | USD | GHS | USD | |||
SIC Insurance | 211 514 | 37 009 | 177 995 | 36 656 | 18.83% | 11.53% |
Enterprise Insurance | 207 059 | 36 229 | 184 281 | 37 951 | 12.36% | 11.29% |
Hollard Insurance | 123 560 | 21 619 | 96 820 | 19 939 | 27.62% | 6.74% |
Star Assurance | 121 653 | 21 286 | 122 789 | 25 287 | -0.93% | 6.63% |
Glico General | 113 795 | 19 911 | 74 913 | 15 428 | 51.90% | 6.20% |
Vanguard Assurance | 104 730 | 18 325 | 104 303 | 21 480 | 0.41% | 5.71% |
GUA Insurance | 92 491 | 16 183 | 43 284 | 8 914 | 113.69% | 5.04% |
Activa International Insurance | 74 353 | 13 010 | 66 489 | 13 693 | 11.83% | 4.05% |
Donewell Insurance | 58 439 | 10 225 | 38 788 | 7 988 | 50.66% | 3.19% |
Phoenix Insurance | 52 694 | 9 220 | 49 108 | 10 113 | 7.30% | 2.87% |
SUNU Insurance | 47 528 | 8 316 | 40 491 | 8 339 | 17.38% | 2.59% |
Quality Insurance | 44 352 | 7 760 | 36 830 | 7 585 | 20.42% | 2.42% |
Allianz Insurance | 38 040 | 6 656 | 37 825 | 7 790 | 0.57% | 2.07% |
Saham Insurance | 34 092 | 5 965 | 25 654 | 5 283 | 32.89% | 1.86% |
Prime Insurance | 33 816 | 5 917 | 25 807 | 5 315 | 31.03% | 1.84% |
RegencyNEM Insurance | 30 162 | 5 277 | 26 566 | 5 471 | 13.54% | 1.65% |
Provident Insurance Company Ltd. | 27 669 | 4 841 | 22 542 | 4 642 | 22.74% | 1.51% |
Heritage Energy Insurance | 24 140 | 4 224 | 14 508 | 2 988 | 66.39% | 1.32% |
Wapic Insurance | 23 290 | 4 075 | 22 051 | 4 541 | 5.62% | 1.27% |
Priority Insurance | 17 403 | 3 045 | 14 404 | 2 966 | 20.82% | 0.95% |
Millennium Insurance | 16 929 | 2 962 | 15 715 | 3 236 | 7.72% | 0.92% |
NSIA Ghana Insurance | 13 816 | 2 417 | 11 780 | 2 426 | 17.29% | 0.75% |
Unique Insurance | 13 555 | 2 372 | 11 681 | 2 406 | 16.04% | 0.74% |
Best Assurance | 13 153 | 2 301 | 12 957 | 2 668 | 1.51% | 0.72% |
Imperial General | 10 689 | 1 870 | 11 395 | 2 347 | -6.20% | 0.58% |
Loyalty Insurance | 8 137 | 1 424 | 4 693 | 966 | 73.40% | 0.44% |
Serene Insurance | 6 130 | 1 073 | 1 026 | 211 | 497.32% | 0.33% |
Bedrock Insurance | 2 313 | 405 | 2 925 | 602 | -20.91% | 0.13% |
Multi Insurance | 2 073 | 363 | 693 | 143 | 199.21% | 0.11% |
| Total non-life companies | 1 567 575 | 274 279 | 1 298 314 | 267 375 | 20.74% | 85.45% |
| GOGIP (1) | 266 930 | 46 705 | 301 731 | 62 139 | -11.53% | 14.55% |
| Total non-life market | 1 834 504 | 320 983 | 1 600 046 | 329 513 | 14.65% | 100.00% |
* Evolution in local currency
(1) Ghana Oil and Gas Insurance Pool
| Exchange rate GHS/USD | 2019 | 2018 |
| 0.17497 | 0.20594 |
