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Global Insurance Company’s (Ethiopia) profit before tax for 2023/2022 fiscal year stood at 85.3 million birr while it’s net profit reached 67.1 million birr, increasing by 19 million birr. The earning per share (EPS) showed a small increment increasing from 145 to 150. The company managed to increase it’s assets to 821.1 million birr. Global Insurance Company’s paid up capital reached 196 million birr.
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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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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.
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As per the annual reports of insurance companies in Ethiopia, here is a list of the top profitable insurance companies in Ethiopia.
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This is a list of the most profitable private insurance companies in Ethiopia as per their annual financial performance of 2019 / 2018 fiscal year.
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Global Insurance Company improved its profit bottom line to 21.4 million Br, a 15pc increase from...
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Global Insurance Company has shown a significant decline in its net profits and shareholders’...
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| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 54.0679 | 55.1493 |
 Euro(EUR) | 59.3449 | 60.5318 |
 Pound Sterling(GBP) | 64.2131 | 65.4974 |
 UAE Dirham(AED) | 13.3234 | 13.5899 |
 Saudi Riyal(SAR) | 13.0456 | 13.3065 |
