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Insurance companies want chnages in bill |
10/13/2005 |
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Insurance companies in the country are calling on government and the National Insurance Commission to consider amending schedule 3, part B of the draft insurance policy.
The regulations provides that 100% weighting would be given to cash, Call Money, Fixed Deposits, Treasury Bills, Government Stocks and Bonds.
On the other hand long-term investments and other assets such as mortgages, buildings, and lands among others of insurance companies receive very low ratings.
Chairman of the Board of Directors and founder of Star Assurance Company Kwabena Dufuor made the appeal at the official outdooring of Star Life Assurance Company Limited in Accra
Two new products, Wealth master and Home Call Plan were launched
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