Licensed list · Africa · East Africa · ET
Licensed insurance companies in Ethiopia (2026)
PartialPartially verified against the NBE register, checked 2 Sept 2026.
The 19 insurance companies licensed in Ethiopia in 2026, as recorded by the National Bank of Ethiopia (NBE), with the class of business and ownership each one is registered under.
Snapshot
By class of business
Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.
By ownership
“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded
Licensed insurers in Ethiopia
All 19 entities.
| Insurer | Class | Ownership | Group | Verification |
|---|---|---|---|---|
| Abay Insurance | CComposite | Domestic private | Independent | Partial |
| Africa Insurance Co | CComposite | Domestic private | Independent | Partial |
| Awash Insurance Co | CComposite | Domestic private | Awash Group | Partial |
| Berhan Insurance | CComposite | Domestic private | Independent | Partial |
| Bunna Insurance | CComposite | Domestic private | Independent | Partial |
| Ethio Life & General Insurance | CComposite | Domestic private | Independent | Partial |
| Ethiopian Insurance Corp (EIC) | CComposite | State-owned / parastatal | Government of Ethiopia | Partial |
| Ethiopian Reinsurance (Ethio-Re) | RReinsurer | State-owned / parastatal | Industry / government | Partial |
| Global Insurance Co | CComposite | Domestic private | Independent | Partial |
| Lion Insurance Co | CComposite | Domestic private | Independent | Partial |
| Lucy Insurance | CComposite | Domestic private | Independent | Partial |
| National Insurance Co of Ethiopia (NICE) | CComposite | Domestic private | Independent | Partial |
| Nib Insurance Co | CComposite | Domestic private | Independent | Partial |
| Nile Insurance Co | CComposite | Domestic private | Independent | Partial |
| Nyala Insurance | CComposite | Domestic private | MIDROC | Partial |
| Oromia Insurance Co | CComposite | Domestic private | Independent | Partial |
| Tsehay Insurance | CComposite | Domestic private | Independent | Partial |
| United Insurance Co | CComposite | Domestic private | Independent | Partial |
| Zemen Insurance | CComposite | Domestic private | Independent | Partial |
Regulatory intelligence: Ethiopia
Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.
- Supervisor
- National Bank of Ethiopia NBE
- Regime
- Insurance Business Proclamation 746/2012; market opening to foreign investors
- Register source
- National Bank of Ethiopia, Financial Institutions > Insurers directory (WordPress 'insurers' records, 18 entities, retrieved 22 Sep 2026), cross-checked against NBE Annual Report 2024/25 Table 4.6 'Branch Network & Capital of Insurance Companies as at June 30, 2025' (18 companies)
- Verification
- Partially verified against the regulator register · National Bank of Ethiopia, Financial Institutions > Insurers directory (WordPress 'insurers' records, 18 entities, retrieved 22 Sep 2026), cross-checked against NBE Annual Report 2024/25 Table 4.6 'Branch Network & Capital of Insurance Companies as at June 30, 2025' (18 companies)
No market event is recorded against this register for 2026. The regime and source above are the standing facts.
Governing legislation
- Insurance Business Proclamation 746/2012, amended by 1163/2019 · Institutional and insurance framework
NBE's issued SIB/63/2026 directive cites these insurance laws. A separate April 2026 draft proclamation is a consultation document and is not treated here as enacted law.
Verification log
All 18 direct insurers match the NBE insurer directory and the NBE Annual Report 2024/25 list (as at 30 June 2025); no additions or removals. Ethiopian Re (reinsurer) is not on either NBE list and remains unverified; NBE gives no licence class, so the composite classCodes are not register-confirmed.
For B2B teams and AI agents
The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.
curl -s https://insurers.global/api/v1/countries/ethiopia.json
curl -s https://insurers.global/api/v1/countries/ethiopia/insurers/pages/1.json- MCP: connect
https://insurers.global/mcpand callget_country_summarywith{ "country": "ethiopia" }, orlist_insurerswithcountry,limitandoffsetfor paged rows. - OpenAPI 3.1: /api/v1/openapi.json · WebMCP: /.well-known/webmcp.json · Guide: /ai/ · llms.txt
- Dataset version
2026-09-08+3f3925fad259; every response carriesversion,verifiedandlicence.