Ethiopia · East Africa

Ethiopian Insurance Corp (EIC)

Profile highlights

5 badges

Group spans 1 directory continent
Government of Ethiopia: 1 markets across 1 directory continents (Asia-Pacific is one directory region). Group membership does not establish this entity’s policy availability.
Part of a group
Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.
Composite
Based on this profile’s recorded business data. Not an endorsement or a financial-strength rating.
State-owned / parastatal
Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.
Listed in Africa
Based on this profile’s recorded location data. Not an endorsement or a financial-strength rating.

Badge criteria

CComposite State-owned / parastatal Partially verified against the regulator register

Market leader; Registered as Ethiopian Insurance Corporation

Official sources

NBE regulator profile

This directory holds no official website for Ethiopian Insurance Corp (EIC): the NBE register does not publish one and no sourced profile has been accepted. The register is the authoritative record of who is licensed.

Business profile

Understanding Ethiopian Insurance Corp (EIC)

Sources checked 2026-10-04

Company origins

Ethiopian Insurance Corporation’s company history describes its establishment in 1976 through the consolidation of thirteen nationalised private insurers. It also records its re-establishment as a public enterprise in 1994, providing institutional context for the insurer’s long-standing Ethiopian operations.

Ethiopian Insurance Corporation — company history

The indexed company history was available, but the current homepage blocked access. Current individual product terms and servicing routes were not verified.

About composite business

The composite category combines life and non-life business within one insurer. Individual products can have different policy terms, service teams and claims requirements.

General guidance for the directory category. Specific products and terms must be confirmed with Ethiopian Insurance Corp (EIC).

Explore the Ethiopia insurance market or other entries in this category.

Questions to ask about cover

Which department handles the product I need?
What does the policy cover and exclude?
Which documents and notification deadlines apply to a claim?

For an existing policy, use the insurer and service contact named on your policy schedule. Have your policy reference and a short description of the enquiry ready.

Class of business: CompositeLicensed to write both life and non-life business under one entity.
Parent / group: Government of Ethiopia
Ownership: State-owned / parastatalOwned wholly or partly by a national government or parastatal.Ownership is what the NBE register or workbook records. It does not by itself mean the government guarantees this insurer’s policyholder liabilities.
Regulator: National Bank of Ethiopia (NBE)nbe.gov.et
Local currency: ETB
Source basis: 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)
Country verification: Partially verified - NBE lists the 18 direct insurers (directory entries last edited Oct-Dec 2023, confirmed by the NBE Annual Report 2024/25 as at 30 June 2025); the reinsurer Ethiopian Re is not on either list · 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)
Identifiers: slug ethiopia-ethiopian-insurance-corp-eic · row 402/api/v1/insurers/ethiopia-ethiopian-insurance-corp-eic.json