Ethiopian Insurance Corporation Exceeds Targets with 11.3bln Birr in Premium Income

By Mintesinot Nigussie
Published on 10/30/25

The Ethiopian Insurance Corporation (EIC) has reported strong performance in the first quarter of the 2025/26 fiscal year, exceeding its targets across key indicators.

The Corporation achieved a gross written premium of more than 11.3 billion birr, surpassing its target by 8.5 percent and registering a 58 percent growth compared with the same period last year. Investment income also reached 316 million birr, representing a 102.5 percent increase year on year.

According to the Corporation, the results reflect growing customer confidence, employee commitment, and sustained stakeholder support. Ethiopian Insurance Corporation said it remains focused on providing reliable insurance solutions and driving sustainable growth within Ethiopia’s insurance industry.