Press Releases

I once had to explain the concept of reinsurance to someone, and it made sense to explain it simply as when insurers take insurance. Reinsurance is basically insurance for insurance companies. It is a way of transferring part of the financial risk insurance companies assume in their line of work to another insurance company or a reinsurance company. Here, I try to break it down for easy understanding.

Hollard Life Assurance, a subsidiary of Hollard Ghana, has supported the Kumasi Central Prison’s canteen project with bags of cement. This was in a bid to ease the burden of the center while staying true to its purpose to enable better futures.

Considering the rapid increase in the use of motorcycles and tricycles in the country for both commercial and private purposes, the need to insure them is as imperative as motor insurance. This is because motorcycles have a higher frequency and severity of risks than cars.

Hollard Ghana, with subsidiaries, Hollard Insurance and Hollard Life Assurance has announced season two of its popular webinar series, H.Insured: All About Insurance to kickstart on Thursday, May 20 via Zoom at 4 pm.

It is difficult to believe when an Insurance salesman tells you ‘We will pay everything’ right? Especially for those who have experienced a loss and gone through a claims process. So, is it true when an Insurance Salesman tells you ‘We will pay everything’?

Essentially, insurance is a risk financing mechanism which replaces total loss with average loss. An individual’s loss becomes an average loss once such loss is transferred to a potentially homogenous pool of losses. In other words, one exchanges a 100-dollar loss with a Dollar price. This sounds like gambling, right?

The home is one of the places we make the most beautiful memories. It is our biggest asset because it provides security, control, belonging, identity, and privacy. Hence, we spend thousands of Cedis on building a home to shelter us and the people we love the most. We also go the extra mile to make the home comfortable by getting items or gadgets that will make our lives easy.

Accra, March 9, 2021. Africa’s leading church technology service provider, Asoriba, and top life insurer, Hollard Life Assurance, have partnered to provide church members a platform to give electronically to their churches while earning free life insurance.

The women at Hollard Ghana, fondly called “Hollardite Women” have a purpose to enable more people to create and secure a better future.

Making a million dollars does not mean you are wealthy. Wealth creation is about putting away enough money based on your current earning capacity and consciously making decisions that will help you keep afloat. Financial planning is very key in wealth creation, investing in life insurance, having a disciplined savings plan with an emergency fund, and investing in stocks, bonds or treasury bills are some of the many ways to help you create and maintain wealth.