As of 2019, life insurance assets in Ghana were the highest in value in comparison to other sectors of the insurance industry. This was in the amount of over 3.8 billion Ghanaian cedis (GHS), roughly 629.3 million U.S. dollars, increasing from around 3.12 billion GHS in the previous year. Moreover, non-life insurance assets stood at an approximate value of 2.86 billion GHS (around 473.7 million U.S. dollars) in 2019.
Value of the total assets of the insurance industry in Ghana in 2018 and 2019, by sector
(in billion Ghanaian cedis)
Characteristic
Reinsurance
Life insurance
Non-life insurance
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NIC Ghana. (October 29, 2020). Value of the total assets of the insurance industry in Ghana in 2018 and 2019, by sector (in billion Ghanaian cedis) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1259987/value-of-assets-of-the-insurance-industry-by-sector/
NIC Ghana. "Value of the total assets of the insurance industry in Ghana in 2018 and 2019, by sector (in billion Ghanaian cedis)." Chart. October 29, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1259987/value-of-assets-of-the-insurance-industry-by-sector/
NIC Ghana. (2020). Value of the total assets of the insurance industry in Ghana in 2018 and 2019, by sector (in billion Ghanaian cedis). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1259987/value-of-assets-of-the-insurance-industry-by-sector/
NIC Ghana. "Value of The Total Assets of The Insurance Industry in Ghana in 2018 and 2019, by Sector (in Billion Ghanaian Cedis)." Statista, Statista Inc., 29 Oct 2020, https://www.statista.com/statistics/1259987/value-of-assets-of-the-insurance-industry-by-sector/
NIC Ghana, Value of the total assets of the insurance industry in Ghana in 2018 and 2019, by sector (in billion Ghanaian cedis) Statista, https://www.statista.com/statistics/1259987/value-of-assets-of-the-insurance-industry-by-sector/ (last visited July 22, 2024)
Value of the total assets of the insurance industry in Ghana in 2018 and 2019, by sector (in billion Ghanaian cedis) [Graph], NIC Ghana, October 29, 2020. [Online]. Available: https://www.statista.com/statistics/1259987/value-of-assets-of-the-insurance-industry-by-sector/