SIC Insurance Plc holds Annual General Meeting Tuesday

SIC Insurance Plc, Ghana’s oldest and most experienced insurance company, will hold its Annual General Meeting (AGM) tomorrow, Tuesday, December 17, 2024. 

The meeting, scheduled for 10:00 am at the Assemblies of God Head Office in Ridge, Accra, will provide shareholders the opportunity to engage with the company’s leadership on its 2023 performance.

The AGM, a statutory requirement, will review SIC Insurance’s financial performance amid challenging economic conditions and global geopolitical events. Despite these hurdles, the company is expected to announce a dividend offer, reaffirming its resilience and commitment to shareholder value.

The Chairman of the Board, Dr Audu Rauf, will address the gathering, outlining the company’s achievements and providing a strategic outlook for the future. Shareholders are urged to participate in the deliberations and vote on proposed business matters.

Established in 1955 as the Gold Coast Insurance Company, SIC Insurance has undergone structural changes over the years and rebranded to its current name in 2007. 

A proud member of the Ghana Club 100, SIC Insurance is a leading provider of general (non-life) insurance services, including fire, motor, marine, aviation, and accident insurance. 

It is listed on the Ghana Stock Exchange with over 14,000 shareholders, including the Government of Ghana, which holds a 40 per cent stake.