
Audio By Carbonatix
SIC Life, the leading Life Insurance Company in Ghana has announced a 30 percent dividend to be paid to shareholders.This was disclosed by Board Chairman for SIC Life,Mr. John Owusu Agyeman at the company’s fifth Annual General Meeting (AGM) in Accra.The annual AGM is to present a general outlook of the company to shareholders and also declare the financial statement in the year under review.It will also offer an opportunity for management and shareholders of SIC Life to dialogue on the way forward for the company.Speaking at the AGM, the Board Charmain assured shareholders of pragmatic efforts by the Board and management of the company to ensure that the company improves upon its performance and also provide a conducive environment for workers.On the financial performance, Mr. Owusu Agyeman said the company recorded a profit after tax of GH¢4,051,407 and a positive balance of GH¢1,741,887 in 2011.He stressed that their objective is for SIC Life to continue to reap greater dividends for its stakeholders and retain its position as the number one life assurance company in Ghana.“We as a Board shall continue to endeavour to make our business sustainable in achieving corporate objectives by taking care to monitor the implementation of our strategic plans” he said.Mr. Owusu Agyeman indicated that although the influx of many Life Insurance companies in the country has brought about stiff competition, SIC Life as the leader in the Life insurance industry will continue to provide quality services which are customer focused in a creative and professional manner.On his part, the Chief Executive Officer of SIC Life Insurance, Aaron Issa Anaeure assured shareholders of an improvement in their performance and expressed the hope that they would pay bigger dividends in the years ahead.In an interview with Myjoyonline.com, he said the company has introduced three new policies and was very optimistic it will excel.The policies which include: School fees, Endowment and Funeral policy which gives an opportunity for clients to plan for the future according to the CEO will increase the company’s market share.He noted that the company’s adept knowledge and understanding of the market, well trained and motivated staff, ability to pay claims within one hours and outstanding market performance as well as successful re-branding are key attributes that make SIC Life stand tall among its competitors in the industry.“SIC Life us committed to customer service as a focal point in its Marketing operations and has accordingly implemented the One-Stop Insurance Halls in all Area offices to handle all issues in relation to Claims, customer complaints and inquiries”.Mr. Anaeure thanked the Board of Directors and shareholders for the confidence they reposed in the management and staff of SIC Life which motivates them to work harder.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
AMA rolls out new shift system for street sweepers to improve sanitation
2 minutes -
Focus on capacity, not connections in Damang lease decision – Paa Kwesi Schandorf
13 minutes -
Teen defender Eric Mensah undergoes trial at Malaga CF after standout ROC Cup display
14 minutes -
Journalism out loud: Why silence is no longer an option
15 minutes -
5,000 miners stranded in Ahafo-Ano North as alleged NAIMOS operatives take over site
22 minutes -
GMTFcare rollout begins at Komfo Anokye Teaching Hospital to transform patient support
29 minutes -
Leicester lose appeal against points deduction
37 minutes -
Telecel hosts Women 100 Power Connect 2026 on reciprocity in leadership
46 minutes -
Ken Ofori-Atta released from ICE detention after judicial order — Lawyer confirms
48 minutes -
Women in PR Ghana unveils Top 10 PR Women for 2025
53 minutes -
Tourism Minister advocates expansion of Vodza Regatta in Volta region to boost coastal tourism
1 hour -
Gradual recovery signals shift in fortunes of Tema Oil Refinery
1 hour -
Greece to ban social media for under-15s from next year
1 hour -
Volta Chiefs condemn EOCO over alleged disregard for Court ruling in Kwamigah-Atokple case
1 hour -
We need collective action to advance sustainability in Ghana and Africa – Deloitte Tax Partner
1 hour