Ethiopia · East Africa · class C
Composite insurance companies in Ethiopia
18 licensed composite insurers, 95% of the 19 insurance entities supervised by the National Bank of Ethiopia. Licensed to write both life and non-life business under one entity.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| Abay Insurance | CComposite | Independent | Domestic private | NBE | Unverified |
| Africa Insurance Co | CComposite | Independent | Domestic private | NBE | Unverified |
| Awash Insurance Co | CComposite | Awash Group | Domestic private | NBE | Unverified |
| Berhan Insurance | CComposite | Independent | Domestic private | NBE | Unverified |
| Bunna Insurance | CComposite | Independent | Domestic private | NBE | Unverified |
| Ethio Life & General Insurance | CComposite | Independent | Domestic private | NBE | Unverified |
| Ethiopian Insurance Corp (EIC) Market leader | CComposite | Government of Ethiopia | State-owned / parastatal | NBE | Unverified |
| Global Insurance Co | CComposite | Independent | Domestic private | NBE | Unverified |
| Lion Insurance Co | CComposite | Independent | Domestic private | NBE | Unverified |
| Lucy Insurance | CComposite | Independent | Domestic private | NBE | Unverified |
| National Insurance Co of Ethiopia (NICE) | CComposite | Independent | Domestic private | NBE | Unverified |
| Nib Insurance Co | CComposite | Independent | Domestic private | NBE | Unverified |
| Nile Insurance Co | CComposite | Independent | Domestic private | NBE | Unverified |
| Nyala Insurance | CComposite | MIDROC | Domestic private | NBE | Unverified |
| Oromia Insurance Co | CComposite | Independent | Domestic private | NBE | Unverified |
| Tsehay Insurance | CComposite | Independent | Domestic private | NBE | Unverified |
| United Insurance Co | CComposite | Independent | Domestic private | NBE | Unverified |
| Zemen Insurance | CComposite | Independent | Domestic private | NBE | Unverified |
No insurers match that filter.
About composite insurers in Ethiopia
How many composite insurers are licensed in Ethiopia?
18 of the 19 licensed insurance entities in Ethiopia are classified as composite (95%), according to the NBE register as reflected in this directory (not verified in this pass).
Who regulates composite insurers in Ethiopia?
National Bank of Ethiopia (NBE), under Insurance Business Proclamation 746/2012; market opening to foreign investors. Official website: https://nbe.gov.et.
Are the composite insurers in Ethiopia locally or foreign owned?
0 of 18 belong to pan-African or foreign multinational groups, 1 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/ethiopia.json (filter byclass = "composite"). Licence CC BY 4.0, attribute KAFS North America.