Africa Insurance Company  earned over 71 million Birr Profit in 2018/2017 fiscal year. The total assets exceeded one billion birr.

According to the financial report, the profit after tax increased by nine per cent to 62.1 million birr. According to the company’s Annual Financial Report, the total premiums collected was 584.2 million birr, up 12 percent from the previous year. The company collected total premium of 406.7 million birr on 2016/2015 and 552.7 million birr in 2017/2016 .

Compared to the previous year, the cost of claim payments increased by 58.7 million birr (17.7 percent) to 410.6 million birr. In the previous year, it paid 351.9 million birr for claims.