Here's how much SIC PLC paid out in insurance claims in 2025

SIC Insurance PLC has paid out a total of GH¢107.6 million in claims across various insurance policies in 2025, highlighting 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 Agyenim-Boateng, disclosed the figures in a statement posted on his Facebook page on February 12, 2026.

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He noted that 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 said, emphasising the company’s dedication to delivering dependable general insurance services.

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

SIC Insurance PLC is one of Ghana’s leading state-owned insurance companies, providing a wide range of general and life insurance products. Established in 1962 as the State Insurance Corporation, SIC has grown to serve individual and corporate clients nationwide.

The company offers products covering health, motor, property, and liability insurance, among others, and has built a reputation for financial stability and reliable claims settlement.