Company Profile

Company Description:

Nile Insurance Company (S.C) is one of the pioneer private insurers established on April, 1995 with a capital of birr 12.5 million. The company
has a legal entity registered with the licensing and supervisory body of the National Bank of Ethiopia in accordance with proclamation No-
86/1994 and license No- 006/95.

Over the past years, the company has grown from birr 12.5 million to 230 million birr capital, from 26 to 124 shareholders, from 4 to 41 branches
both in the capital and regional cities and has more than 36,000 customers across the country. The total asset of the company has reached birr
734 million. This tremendous growth was largely driven by active participation of its valuable Employees, Customers, Shareholders, and other
Stakeholders. Nile provides both general and long term insurance solutions along with engaging in promising investments across the country.