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 302 million birr capital, from 26 to 124 shareholders, from 4 to 41 branches both in the capital and regional cities and has more than 45,000 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.
Vision, Mission & Values
VisionNile envisages being a preferred front line Insurer with Excellence in Ethiopia in 2025.
MissionTo provide unmatched value in insurance services and engage in investment through high profile expertise and state of the art technology.