Blog – Page 2 – BERNARD AKYIN-ARKOH

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By Bernard Akyin-Arkoh
February 19, 2024

UNDERSTANDING INSURANCE PREMIUMS

INTRODUCTION Have you ever pondered the following inquiries? What is an insurance premium? How is insurance premium calculated? What factors influence my insurance premium? How do insurance firms manage to cover insurance claims using...

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By Bernard Akyin-Arkoh
February 14, 2024

WHY SHOULD I BUY LIFE INSURANCE POLICY?

Have you ever asked yourself the following questions? What is life insurance? What are the various types of life insurance? Why do I need life insurance as an individual, family or a business owner?...

By Bernard Akyin-Arkoh
February 5, 2024
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THE ANTICIPATED IMPACTS OF INTRODUCING 21% VAT ON NON-LIFE INSURANCE POLICIES IN 2024

Taxation plays a significant role in shaping the dynamics of various industries, and the insurance sector is no exception. It serves as a source of revenue for the state which is used in developing...

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By admin
December 21, 2023

The insurance landscape – A Comprehensive Guide to General Insurance

…The book Ghana’s Insurance Landscape, A Comprehensive Guide to General Insurance is authored by Bernard Akyin-Arkoh with a forward written by Boatemaa Barfour-Awuah Chief Executive Officer (CEO) of Star Assurance Limited Insurance stands as an indispensable...

By Bernard Akyin-Arkoh
December 6, 2023
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THE POTENTIAL IMPACT OF DEMOCRATIC POLITICAL POWER TRANSITIONS ON THE GHANAIAN INSURANCE INDUSTRY.

Democratic political transition refers to a process that establishes a democratic political regime that is based on the rule of the party or parties that get most votes in contested elections. Democratic Political Power...

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By Bernard Akyin-Arkoh
November 27, 2023

INSURING PEACE OF MIND: ELECTION-RELATED RISK COVERAGE FOR INDIVIDUALS AND BUSINESSES

Election seasons in every country bring along potential economic challenges that affect all sectors of the economy. These challenges encompass economic uncertainties, regulatory changes, deteriorating fiscal policies, currency and exchange rate risks, interest rate...

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By Bernard Akyin-Arkoh
September 6, 2023

TIPS FOR MANAGING ACCIDENTS INVOLVING UNLICENSED DRIVERS, HIT AND RUN INCIDENTS OR UNINSURED VEHICLES

INTRODUCTION:In any nation, unlicensed drivers, hit-and-run incidents, and uninsured vehicles present notable obstacles to road safety and the legal system. These occurrences not only endanger lives but also trigger inquiries into responsibility and legal...

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By Bernard Akyin-Arkoh
September 5, 2023

THE IMPACT OF DIVERSE CAREER PATHWAYS ON ADDRESSING CHALLENGES IN GHANA’S INSURANCE INDUSTRY

INTRODUCTION In the ever-evolving landscape of the insurance sector in Ghana, the presence of diverse career paths has emerged as a pivotal force for addressing the multifaceted challenges that this industry faces. From risk...

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By Bernard Akyin-Arkoh
June 15, 2023

THE SIGNIFICANCE OF HAVING ADEQUATE SUM INSURED IN AN INSURANCE CONTRACT

INTRODUCTION Insurance is an important risk management tool that provides financial protection to the insured in the event of a loss. Having an insurance policy in place is not just enough to protect your...

By Bernard Akyin-Arkoh
June 1, 2023
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TITBITS ON PERSONAL ACCIDENT (PA) INSURANCE POLICY

What is personal accident policy? Personal accident policy provides financial protection to policyholders against any tragic events or accidents that cause injury / death. It provides cover for injuries, disability or death caused solely...