SIC Insurance posts GH¢84m profit as revenue rises, but audit flags subsidiary liabilities

MyJoyOnline

MyJoyOnline

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June 4, 2026

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SIC Insurance posts GH¢84m profit as revenue rises, but audit flags subsidiary liabilities

SIC Insurance PLC has posted a strong performance for the 2025 financial year, recording a group profit after tax of GH¢84.05 million, representing a 57.3 per cent increase compared to the previous year. According to the company’s audited financial statements, profit after tax rose from GH¢53.41 million in 2024, driven by higher insurance revenue, improved investment income, and a one-off gain from the regularisation of encroached lands at Greenhill.

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