[Jun 2023] Bunna Insurance Profit Latest Ethiopian News

Bunna Insurance Earns 45.8mln birr for 2022/2021 G.C (2014 E.C) budget year, Raises Capital to 1bln Birr

Nov 26, 2022 | 0

Bunna Insurance, one of the private insurance companies that started it’s operation 10 years ago reported that it has earned 45.8 million birr in profit before tax for the 2022/2021 G.C (2014 E.C) budget year, which is 24.36% higher than the previous year. In it’s annual general assembly meeting held recently, the company’s shareholders agreed to raise the insurance company’s capital from 200 million birr to 1 billion birr.

Best Insurance Companies in Ethiopia for 2022/2021 Budget Year

Nov 21, 2022 | 1

Top Insurance Companies in Ethiopia Ranking for 2022/2021 G.C (2014 E.C) Budget Year in terms of Assets, Gross premiums, Capital, Profit before and after tax and Earning per share (EPS). Compare Ethiopian Insurance Companies Annual Financial Performance Report for 2022/2021 G.C (2014 E.C) fiscal year.

Most profitable Ethiopian Private Insurance Companies for 2021/2020 budget year

Nov 28, 2021 | 0

Private Insurance companies in Ethiopia have reported their gross and net profits, earning per share and other key financial performance indicators for the 2021 / 2020 G.C (2013 E.C) budget year which ended on June 2021 G.C (ሰኔ 2013). We have compiled the insurance companies’ annual financial report for the stated year below.

Bunna Insurance Grosses 36.2mln br profit for the 2021 / 2020 fiscal year

Nov 28, 2021 | 0

Bunna Insurance has underwritten a Gross Written Premium (GWP) of 335.1 million birr which is 22% more than the target amount of 274 million birr. The company’s premium has shown an increase of 34% compared to the previous year’s amount of 249.2 million birr.

Top Insurance Companies in Ethiopia for 2020/2019 budget year

Jan 4, 2021 | 0

As per the annual reports of insurance companies in Ethiopia, here is a list of the top profitable insurance companies in Ethiopia.

Bunna Insurance Earns 20 million birr net profit for 2020 / 2019 budget year

Dec 8, 2020 | 0

During 2020/2019 budget year, Bunna Insurance has earned a net profit of 20.05 million birr which is 68% of the planned 29.62 million birr. The current year’s profit is also 28% lower than last year’s profit of Birr 27.92 million. The Earning per share (EPS) of the company has decrease from 26.96 for the 2019 / 2018 budget year to 15.96 birr for the 2020 / 2019 budget year.

Best Private Insurance Companies in Ethiopia for 2019 / 2018 f.y

Dec 19, 2019 | 0

This is a list of the most profitable private insurance companies in Ethiopia as per their annual financial performance of 2019 / 2018 fiscal year.

Bunna Insurance Earns 26.8ml birr net profit for 2019 / 2018 f.y

Dec 12, 2019 | 0

Bunna Insurance S.C has earned 26.8ml Br profit for the 2019 / 2018, registering a small increase of 6pc compared to last year. Bunna’s paidup capital increased to 112.6 million Br.

Bunna Insurance Earns 25.1ml birr after tax profit for 2018 / 2017 f.y

Dec 8, 2018 | 0

In its recent report of the last financial year, Bunna’s after-tax profit climbed ten fold to reach 25.1 million Br. This led shareholders to enjoy 30pc earnings per share. The profit also enabled Bunna to have a positive reserve.