Bunna Insurance Latest Ethiopian News

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

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.

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Best Insurance Companies in Ethiopia for 2022/2021 Budget Year

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.

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Annual Financial Performance of Ethiopian Insurance Companies for 2021/2020 G.C (2013 E.C) budget year

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’ Assets, paid up capital, Gross Premiums, Gross Profit, Net Profit and EPS from their annual financial report for the stated year below.

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

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. 

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Products and Services in Ethiopia

Date: Nov 23, 2022
Currency (Code) Buying Rate Selling Rate
US DollarUS Dollar(USD)53.000054.0600
EuroEuro(EUR)54.473455.5629
Pound SterlingPound Sterling(GBP)60.009161.2093
UAE DirhamUAE Dirham(AED)13.058413.3196
Saudi RiyalSaudi Riyal(SAR)12.761813.0170
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