IMANI wants NIC to probe possible conflicts of interest in reinsurance arrangements

IMANI Africa is asking President Mahama to direct the National Insurance Commission (NIC) to investigate what it describes as troubling signals of conflict of interest and inappropriate third-party involvement in recent insurance and reinsurance transactions involving state institutions. The petition highlights concerns raised by GLICO General Insurance Ltd about the presence of actors who allegedly hold both regulatory influence and commercial interest in the insurance placement chain.

By Caleb Ahinakwah