As of 2019, Enterprise Life Assurance was the leading life insurance company in Ghana, with an asset value reaching over 833 million Ghanaian cedis (GHS), roughly 137.7 million U.S. dollars. This was followed by SIC Life Insurance and Star Life Assurance Company Limited with approximately 740 million GHS and 692 million GHS (around 122 million and 114.4 million U.S. dollars), respectively. Overall, the total life insurance assets reached over 3.8 billion GHS (around 629.3 million U.S. dollars) in 2019.
Distribution of leading life insurance companies in Ghana as of 2019, by total assets
(in million Ghanaian cedis)
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NIC Ghana. (October 29, 2020). Distribution of leading life insurance companies in Ghana as of 2019, by total assets (in million Ghanaian cedis) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1260053/leading-life-insurance-companies-in-ghana/
NIC Ghana. "Distribution of leading life insurance companies in Ghana as of 2019, by total assets (in million Ghanaian cedis)." Chart. October 29, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1260053/leading-life-insurance-companies-in-ghana/
NIC Ghana. (2020). Distribution of leading life insurance companies in Ghana as of 2019, by total assets (in million Ghanaian cedis). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1260053/leading-life-insurance-companies-in-ghana/
NIC Ghana. "Distribution of Leading Life Insurance Companies in Ghana as of 2019, by Total Assets (in Million Ghanaian Cedis)." Statista, Statista Inc., 29 Oct 2020, https://www.statista.com/statistics/1260053/leading-life-insurance-companies-in-ghana/
NIC Ghana, Distribution of leading life insurance companies in Ghana as of 2019, by total assets (in million Ghanaian cedis) Statista, https://www.statista.com/statistics/1260053/leading-life-insurance-companies-in-ghana/ (last visited December 21, 2024)
Distribution of leading life insurance companies in Ghana as of 2019, by total assets (in million Ghanaian cedis) [Graph], NIC Ghana, October 29, 2020. [Online]. Available: https://www.statista.com/statistics/1260053/leading-life-insurance-companies-in-ghana/