In 2019, the insurance industry in Ghana accumulated assets reaching over 6.7 billion Ghanaian cedis (GHS), roughly 1.1 billion U.S. dollars. This was an increase from the previous year when nearly 5.5 billion GHS (approximately 909 million U.S. dollars) in assets were registered. Within the reviewed period, the total assets of the insurance sector in Ghana followed an increasing trend, with life insurance dominating the market.
Total assets of the insurance industry in Ghana from 2015 to 2019
(in million Ghanaian cedis)
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NIC Ghana. (October 29, 2020). Total assets of the insurance industry in Ghana from 2015 to 2019 (in million Ghanaian cedis) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1260074/total-assets-of-the-insurance-industry/
NIC Ghana. "Total assets of the insurance industry in Ghana from 2015 to 2019 (in million Ghanaian cedis)." Chart. October 29, 2020. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1260074/total-assets-of-the-insurance-industry/
NIC Ghana. (2020). Total assets of the insurance industry in Ghana from 2015 to 2019 (in million Ghanaian cedis). Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1260074/total-assets-of-the-insurance-industry/
NIC Ghana. "Total Assets of The Insurance Industry in Ghana from 2015 to 2019 (in Million Ghanaian Cedis)." Statista, Statista Inc., 29 Oct 2020, https://www.statista.com/statistics/1260074/total-assets-of-the-insurance-industry/
NIC Ghana, Total assets of the insurance industry in Ghana from 2015 to 2019 (in million Ghanaian cedis) Statista, https://www.statista.com/statistics/1260074/total-assets-of-the-insurance-industry/ (last visited November 10, 2024)
Total assets of the insurance industry in Ghana from 2015 to 2019 (in million Ghanaian cedis) [Graph], NIC Ghana, October 29, 2020. [Online]. Available: https://www.statista.com/statistics/1260074/total-assets-of-the-insurance-industry/