Correction: ICA Not Amongst Troubled Insurance Company


This is to inform the general public and all clients of the Insurance Company of Africa (ICA) that this paper inadvertently posted the photograph of ICA’s Head Office Building under the story captioned: “Five Insurance Companies Crash”, carried on the back page of its Monday, June 18, 2018 Edition.

The story had reference to five insurance companies, which have temporarily been taken over by the Central Bank of Liberia (CBL) for consistently falling below the capital requirement for licensed insurance companies operating in Liberia. The story did not name the Insurance Company of Africa (ICA) as one of the affected companies.

We reiterate our regrets and apology to the shareholders, directors, management and clients of ICA for the inconvenience and embarrassment caused by this mistake and promise to take steps to avoid any such happening in the future.