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Establishment

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.