Effective 1st July 2025, all non-life insurance services (excluding motor insurance) provided by SanlamAllianz General Insurance Ghana will attract an effective Value Added Tax (VAT) rate of 21.9%, in compliance with the Value Added Tax (Amendment) Act, 2023 (Act 1107). This implementation follows the Ghana Revenue Authority’s (GRA) directive to extend VAT to non-life insurance policies in line with national tax reforms. Tax Breakdown: The applicable taxes are as follows: National Health Insurance Levy (NHIL) – 2.5% Ghana Education Trust Fund Levy (GETFund Levy) – 2.5% COVID-19 Health Recovery Levy (CHRL) – 1% Value Added Tax (VAT) – 15% (applied after the above levies) How the 21.9% is Calculated: Example – For a premium of GHS 100: Add levies before VAT: NHIL: GHS 2.50 GETFund: GHS 2.50 CHRL: GHS 1.00 Subtotal: GHS 106.00 Apply VAT (15%) on GHS 106 = GHS 15.90 Total Tax = GHS 6 (levies) + GHS 15....Read more

SanlamAllianz General Insurance Ghana wrapped up an eventful 2024 with a landmark event aimed at reshaping its sales strategies and bolstering leadership confidence among its team. SanlamAllianz General Insurance Ghana crowned the 2024 calendar year with its maiden edition of the Leadership In Sales Conference, which took place from Monday, December 2nd to Wednesday, December 4th, 2024, at the Rock City Hotel situated on the picturesque mountain side of the Kwahu Mountains, in Ghana’s Eastern Region. The Conference, themed ‘Leadership in Confidence’, sought to bring together management, sales managers and agents across the country, to review the performance of the business thus far, and augment sales action plans and strategies for the 2025 business year. Introduction and Briefing In her opening remarks, MD/CEO Mabel Nana Nyarkoa Porbley, welcomed all participants to the conference, stating the essence and importance of the conference t...Read more

Mabel Nana Nyarkoa Porbley; CEO/MD of Sanlam Allianz General Insurance Ghana has been honored as one of the Top 50 Ghanaian Female Finance Leaders for 2024. This publication was released by Aviance Media, a leading PR and rating firm, acknowledging the remarkable achievements of Ghanaian women in leadership roles across the global finance sector. The publication celebrates the resilience, innovation, and expertise of women who are shaping the future of finance. The honorees were from a cross-section of expertise across banking, insurance, tax, accounting, and investment in trailblazing roles such as Deputy Governor, Chief Director, Executive Director, Vice President, and Partners—each contributing significantly to their industries. Mabel’s recognition is well-deserved, given her over 20 years of dedicated service in the insurance sector. She is a passionate advocate for financial inclusivity, technological enhancement and sustainable growth. Notably, i...Read more

The Ghana Club 100 is an initiative by the Ghana Investment Promotion Centre (GIPC), that honors the top-performing companies across diverse industries in Ghana. Securing a place on this list is a testament to SanlamAllianz GI’s commitment to delivering quality insurance solutions that meet the varied needs of its clients. In September 2023, Sanlam and Allianz merged, forming the largest pan-African non-banking financial services organization. Sanlam, the leading non-banking financial services provider in Africa, joined forces with Allianz, one of the world’s top insurers with over a century of presence globally. This union has created SanlamAllianz, a formidable entity combining extensive expertise and resources. The partnership is poised to deliver significant value to stakeholders by leveraging greater economies of scale, expanding market reach, sharing specialized knowledge, and offering a more diversified range of products. In July 2024, this coll...Read more

Ghana’s Insurance sector is expected to witness a stronger growth with a partnership of two key global players henceforth. This follows the approval by the National Insurance Commission for Sanlam and Allianz Insurance to form a Joint Venture to operate in Ghana. This move will see the two global players come together to provide insurance packages for the industry. Sanlam and Allianz, the two insurance giants who formed Africa’s largest non-banking financial services company through a joint venture named SanlamAllianz in 2023, have launched their SanlamAllianz brand in Ghana at an event hosted in Accra.  Sanlam Allianz Life Insurance Ghana LTD (“SanlamAllianz Life Insurance Ghana”) and Sanlam Allianz General Insurance Ghana LTD (“SanlamAllianz General Insurance Ghana”) are among the first SanlamAllianz businesses to showcase the joint venture brand. The CEOs of the two businesses are Tawiah Ben-Ahmed, Chief Execut...Read more

Sanlam and Allianz, two leading insurance companies, have launched their joint venture brand, SanlamAllianz, in Ghana. This partnership, established in 2023, has now become Africa's largest non-banking financial services company. The grand launch event took place at the Marriot Hotel in Accra. Following recent regulatory approvals, these businesses are now officially trading under the new SanlamAllianz brand. This strategic move aims to leverage global and pan-African expertise to unlock growth in Africa's high-potential economies, empowering generations to be financially confident, secure, and prosperous through innovative and diverse financial services. Heinie Werth, CEO of SanlamAllianz, remarked, “Launching the SanlamAllianz brand in Ghana marks a new milestone for us and the broader financial services market, reaffirming our commitment to doing business in Ghana. This demonstrates our strategy to create leading businesses in our chosen ...Read more

By Ernest Bako WUBONTO SanlamAllianz, a leading insurance provider in 27 African countries, created from the merger of Sanlam and Allianz Insurance, has officially launched onto the Ghanaian market as the first destination in Africa with the assurance to revolutionize the insurance industry. The two insurance giants who formed Africa’s largest non-banking financial services company through a joint venture named SanlamAllianz in 2023 have now outdoor their SanlamAllianz brand with innovative product lines to meet the market’s needs. SanlamAllianz Ghana has set its sights on expanding insurance penetration from the current 1.7 percent, increasing the meager 25 percent insured population as indicated by the 2023 Ghana insurance industry report, and promoting financial inclusion. The two unique organisations have been operating in the country’s life and general insurance businesses. However, under the SanlamAllianz brand, the operations wil...Read more