Thursday, 12 February

SIC Insurance pays GHS107.6 million in claims in 2025

Business
James Agyeinim Boateng

SIC Insurance PLC has paid out a total of GHS107.6 million in claims across various insurance policies in 2025, underscoring the company’s strong liquidity position and commitment to meeting its obligations to policyholders.

The company said the significant claims payout reflects its robust reinsurance arrangements and financial capacity to promptly settle claims, assuring customers of reliable support during unforeseen events.

The Managing Director of SIC, James Agyeinim Boateng, made this disclosure in a statement posted on his Facebook wall. 

According to him, the payments form part of SIC Insurance’s broader mission to protect clients and help them recover quickly from losses, enabling them to return to their normal lives with minimal disruption.

“Insurance is a safety net that helps you bounce back when life throws you a curveball,” he noted, emphasising its dedication to delivering dependable general insurance services.

 

He added that it remains focused on strengthening its operations and continuing to provide reliable and comprehensive insurance coverage to individuals and businesses across the country.

Source: Classfmonline.com/Cecil Mensah