Sic Insurance Plc

Sic Insurance Plc company information, Employees & Contact Information

SIC Insurance Plc. is one of the oldest non-life insurance companies in Ghana. It traces its roots to the year 1955, when the Gold Coast Insurance Company was established. It was renamed Ghana Insurance Company in 1957, when Ghana attained independence. In 1960, Ghana Insurance Company which was primarily a life assurance company, set up a subsidiary company – Ghana General Insurance Company (Ghana General) to underwrite fire and motor businesses. The Government of Ghana in February 1962, per an Executive Instrument, took over the Ghana Cooperative Insurance Company and reconstituted it into the State Insurance Corporation to await the completion of takeover negotiations with Ghana Insurance Company and its subsidiary Ghana General. Subsequently after a successful takeover of the two private companies – Ghana Insurance and Ghana General – the new company, State Insurance Corporation, commenced business in November, 1962. In 1995, State Insurance Corporation was converted into a public limited liability company as part of the Government of Ghana’s divestiture programme. The company became known as State Insurance Company of Ghana Limited with the Government of Ghana as the sole shareholder. The State Insurance Company of Ghana Ltd. took over all the business assets and liabilities of the State Insurance Corporation of Ghana. By a special resolution passed on 22nd October, 2007 the name of the Company was changed to SIC Insurance Company Limited. In accordance with the provisions of the current insurance legislation, the Insurance Act, 2006, SIC has duly separated its general business from the life business with the incorporation of SIC Life Limited. By a special resolution, SIC transferred the life business and assets to SIC Life Limited and in consideration of that 80,000,000 ordinary shares were issued to the Government of Ghana.

Company Details

Employees
174
Founded
-
Address
Accra, Gh
Industry
Insurance
NAICS
Insurance Carriers and Related Activities
Agencies, Brokerages, and Other Insurance Related Activities
HQ
Accra
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News

SIC Insurance Company Limited (SIC.gh) Q12025 Interim Report - AfricanFinancials

SIC Insurance Company Limited (SIC.gh) Q12025 Interim Report AfricanFinancials

SIC Insurance Company Limited (SIC.gh) HY2025 Interim Report - AfricanFinancials

SIC Insurance Company Limited (SIC.gh) HY2025 Interim Report AfricanFinancials

SIC Insurance Soars with 1,156% Profit Surge - News Ghana

SIC Insurance Soars with 1,156% Profit Surge News Ghana

Ex-SIC Life officer risks civil suit over GH¢738,000 unpaid restitution - GhanaWeb

Ex-SIC Life officer risks civil suit over GH¢738,000 unpaid restitution GhanaWeb

Reverse all SIC business given to Enterprise Insurance - Steve Manteaw to gov't - Modern Ghana

Reverse all SIC business given to Enterprise Insurance - Steve Manteaw to gov't Modern Ghana

SIC Insurance PLC pays over GH₵1.54m claim to GCB - MyJoyOnline

SIC Insurance PLC pays over GH₵1.54m claim to GCB MyJoyOnline

Gaming Commission refers GH¢5.16m locked up in SIC to Attorney-General - Graphic Online

Gaming Commission refers GH¢5.16m locked up in SIC to Attorney-General Graphic Online

SIC Insurance Plc declares final dividend of GH¢0.0511 per share - Ghanaian Times

SIC Insurance Plc declares final dividend of GH¢0.0511 per share Ghanaian Times

GH¢840,000 Annual Salary, Gardener: See full list of demands former SIC MD is making - GhanaWeb

GH¢840,000 Annual Salary, Gardener: See full list of demands former SIC MD is making GhanaWeb

High Court to Rule on SIC Insurance Leadership Dispute as Former MD Refuses to Hand Over Office - News Ghana

High Court to Rule on SIC Insurance Leadership Dispute as Former MD Refuses to Hand Over Office News Ghana

Lawsuit reveals Ex-SIC MD’s GH₵70k monthly salary and lavish perks - MyJoyOnline

Lawsuit reveals Ex-SIC MD’s GH₵70k monthly salary and lavish perks MyJoyOnline

In the matter of SIC, the former MD is right—Dr. Steve Manteaw - Modern Ghana

In the matter of SIC, the former MD is right—Dr. Steve Manteaw Modern Ghana

SIC Insurance Company Limited (SIC.gh) Q32012 Interim Report - AfricanFinancials

SIC Insurance Company Limited (SIC.gh) Q32012 Interim Report AfricanFinancials

Former SIC MD trends as netizens express shock over her ‘big’ entitlements - GhanaWeb

Former SIC MD trends as netizens express shock over her ‘big’ entitlements GhanaWeb

Former SIC MD sues company over termination, rejects James Agyenim-Boateng’s appointment - Modern Ghana

Former SIC MD sues company over termination, rejects James Agyenim-Boateng’s appointment Modern Ghana

SIC leads equity market on the GSE with a 122% Year-to-Date gain - GhanaWeb

SIC leads equity market on the GSE with a 122% Year-to-Date gain GhanaWeb

Government Needed to Call an EGM of Shareholders to Fire SIC Boss, the Companies Act Suggests - Modern Ghana

Government Needed to Call an EGM of Shareholders to Fire SIC Boss, the Companies Act Suggests Modern Ghana

SIC Insurance Company Limited (SIC.gh) 2022 Abridged Report - AfricanFinancials

SIC Insurance Company Limited (SIC.gh) 2022 Abridged Report AfricanFinancials

SIC Insurance Company Limited (Ghana) FY2020 profit after tax marginally increases by 3% - AfricanFinancials

SIC Insurance Company Limited (Ghana) FY2020 profit after tax marginally increases by 3% AfricanFinancials

'Defiant' former SIC MD Duah-Yentumi finally hands over to Mahama's appointee Agyenim-Boateng - GhanaWeb

'Defiant' former SIC MD Duah-Yentumi finally hands over to Mahama's appointee Agyenim-Boateng GhanaWeb

Hollistar Duah-Yentumi finally hands over to James Agyenim-Boateng as SIC MD - GhanaWeb

Hollistar Duah-Yentumi finally hands over to James Agyenim-Boateng as SIC MD GhanaWeb

SIC Insurance Reports Growth in 2023, Declares Dividend Amid Economic Challenges - News Ghana

SIC Insurance Reports Growth in 2023, Declares Dividend Amid Economic Challenges News Ghana

SIC Pioneers On-line Insurance - Modern Ghana

SIC Pioneers On-line Insurance Modern Ghana

Insurance companies are burdened by increasing road crashes – SIC - Ghana Business News

Insurance companies are burdened by increasing road crashes – SIC Ghana Business News

SIC Insurance Plc poised for success as it holds its AGM - MyJoyOnline

SIC Insurance Plc poised for success as it holds its AGM MyJoyOnline

SIC Insurance upbeat on future prospects amid challenging times - The Business & Financial Times

SIC Insurance upbeat on future prospects amid challenging times The Business & Financial Times

SIC Insurance Explains Deal With Ivory Finance - GhanaWeb

SIC Insurance Explains Deal With Ivory Finance GhanaWeb

Medical malpractice insurance protection is key – SIC - Ghana Business News

Medical malpractice insurance protection is key – SIC Ghana Business News

Ivory Finance Boss exposes the truth over SIC GH₵550 million debt - News Ghana

Ivory Finance Boss exposes the truth over SIC GH₵550 million debt News Ghana

SIC bemoans diversion of transit goods onto Ghanaian market - GhanaWeb

SIC bemoans diversion of transit goods onto Ghanaian market GhanaWeb

Ghana: MUSIGA and SIC Life renew insurance partnership - Music In Africa |

Ghana: MUSIGA and SIC Life renew insurance partnership Music In Africa |

Graphic, SIC step up partnership - Graphic Online

Graphic, SIC step up partnership Graphic Online

SIC Insurance showed resilience amidst challenges in 2022 – Chairman - MyJoyOnline

SIC Insurance showed resilience amidst challenges in 2022 – Chairman MyJoyOnline

SIC Board Loses 6 Members - Modern Ghana

SIC Board Loses 6 Members Modern Ghana

SIC boss sacked - Modern Ghana

SIC boss sacked Modern Ghana

SIC Insurance Plc to pay GH¢3 million dividend to shareholders - CitiNewsroom.com

SIC Insurance Plc to pay GH¢3 million dividend to shareholders CitiNewsroom.com

SIC MD calls for stronger collaboration with brokers to boost Ghana’s insurance industry - MyJoyOnline

SIC MD calls for stronger collaboration with brokers to boost Ghana’s insurance industry MyJoyOnline

Employer Liability Insurance is mandatory – SIC - Ghana Business News

Employer Liability Insurance is mandatory – SIC Ghana Business News

Enterprise, SIC Insurance, Ghana Reinsurance feature in top-100 African Insurers – The African Report - The Business & Financial Times

Enterprise, SIC Insurance, Ghana Reinsurance feature in top-100 African Insurers – The African Report The Business & Financial Times

China – Ghana business chamber President commends SIC Insurance - The Business & Financial Times

China – Ghana business chamber President commends SIC Insurance The Business & Financial Times

Road crashes burden insurance companies – SIC - Ghana Business News

Road crashes burden insurance companies – SIC Ghana Business News

Go after GBC, TV3, SIC, Consar and other debtors to recover GHS479,938 debt – Auditor General orders Ridge Hospital - Modern Ghana

Go after GBC, TV3, SIC, Consar and other debtors to recover GHS479,938 debt – Auditor General orders Ridge Hospital Modern Ghana

SIC institutes GH¢20m insurance for 500 GJA members - Ghanaian Times

SIC institutes GH¢20m insurance for 500 GJA members Ghanaian Times

General Insurers raked GH¢1.526billion Premium Income – Third Quarter - The Business & Financial Times

General Insurers raked GH¢1.526billion Premium Income – Third Quarter The Business & Financial Times

Hollistar Duah-Yentumi seeks injunction against SIC Insurance & James Agyenim-Boateng - MyNewsGh

Hollistar Duah-Yentumi seeks injunction against SIC Insurance & James Agyenim-Boateng MyNewsGh

Ex-SIC MD's GH₵840k yearly salary and additional allowances she receives - Yen News

Ex-SIC MD's GH₵840k yearly salary and additional allowances she receives Yen News

SIC Insurance PLC inaugurates new board of directors - Ghana News Agency

SIC Insurance PLC inaugurates new board of directors Ghana News Agency

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