SIC Insurance PLC has paid out GH¢107.6 million in claims across various insurance policies in 2025, underlining its strong liquidity position and commitment to honouring obligations to policyholders.

According to the company, the substantial claims settlement demonstrates its sound reinsurance arrangements and financial strength, enabling it to process and pay claims promptly. It assured customers of dependable support in times of unexpected loss.

The Managing Director, James Agyenim-Boateng, disclosed the figures in a statement shared on his Facebook page on February 12, 2026.

He explained that the payouts form part of the company’s broader mandate to protect clients and support their recovery after setbacks, helping them resume normal activities with minimal disruption.

“Insurance is a safety net that helps you bounce back when life throws you a curveball,” he stated, reaffirming the company’s dedication to delivering reliable general insurance services.

Mr Agyenim-Boateng added that SIC remains committed to strengthening its operations and expanding access to comprehensive insurance solutions for individuals and businesses nationwide.

Established in 1962 as the State Insurance Corporation, SIC Insurance PLC has evolved into one of Ghana’s leading state-owned insurers. The company provides a broad range of products, including health, motor, property and liability insurance, and has built a reputation for financial stability and prompt claims settlement.