{"id":131425,"date":"2023-12-15T09:32:28","date_gmt":"2023-12-15T09:32:28","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/15\/motor-insurance-premiums-to-increase-by-30-from-january-2024-insurers-association\/"},"modified":"2023-12-15T09:32:28","modified_gmt":"2023-12-15T09:32:28","slug":"motor-insurance-premiums-to-increase-by-30-from-january-2024-insurers-association","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/15\/motor-insurance-premiums-to-increase-by-30-from-january-2024-insurers-association\/","title":{"rendered":"Motor insurance premiums to increase by 30% from January 2024 \u2013 Insurers Association \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Beginning January 2024, the cost of Motor Insurance Premiums in Ghana are expected to go up by more than 30 percent.<\/p>\n<p>This is according to the Chief Executive of the Ghana Insurers Association, Dr. Kingsley Kwesi Kwabahson who attributed the increment on government\u2019s decision to impose a VAT rate on Non-Life Insurance products by 21 percent.<\/p>\n<p>This is further exacerbated by the expected increase of Motor Insurance Premiums by at least 10 percent.<\/p>\n<p>Dr. Kingsley Kwesi Kwabahson made this known speaking on the JoyNews PM Express Business Edition and monitored by\u00a0GhanaWeb\u00a0Business on December 14, 2023.<\/p>\n<p>MA<\/p>\n<p><strong>Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Beginning January 2024, the cost of Motor Insurance Premiums in Ghana are expected to go up by more than 30 percent. This is according to the Chief Executive of the Ghana Insurers Association, Dr. Kingsley Kwesi Kwabahson who attributed the increment on government\u2019s decision to impose a VAT rate on Non-Life Insurance products by 21 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":131426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-131425","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Motor insurance premiums to increase by 30% from January 2024 \u2013 Insurers Association \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/12\/15\/motor-insurance-premiums-to-increase-by-30-from-january-2024-insurers-association\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Motor insurance premiums to increase by 30% from January 2024 \u2013 Insurers Association \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Beginning January 2024, the cost of Motor Insurance Premiums in Ghana are expected to go up by more than 30 percent. 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