Nile Insurance Company (S.C) is one of the pioneer private insurers established in 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 licenses No- 006/95.
Over the past years, the company has grown from Birr 12.5 million to 1 billion Birr capital, from 4 to 64 branches (including 3 contact offices) both in the capital and regional cities and has more than 100,000 customers across the country. The total asset of the company has reached Birr 3 Billion. This tremendous growth was largely driven by the active participation of its valuable Employees, Customers, Shareholders, and other Stakeholders. Nile provides general long-term and Takaful insurance services.
To be an insurer of the first choice
To provide unmatched value in insurance services to our customers through high profile expertise and state of the art technology thereby maximizing shareholders’ value.