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IGI Ghana faces liquidation hearing

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Insurance brokers and policyholders of Industrial and General Insurance Co. Ghana Ltd. are awaiting the outcome of a court hearing that will decide whether the company's general insurance business is put into liquidation, Business & Financial Times reported.

Ghana's National Insurance Commission has applied to the court to seek approval for the company's run off, reports Business & Financial Times. IGI General was ordered to stop writing new businesses from May 17, 2012.

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