[May 2024] Nib Insurance Company Profit Latest Ethiopian News

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.

Nib Insurance Earns 172.9 mln birr Profit before Tax for 2022/2021 f.y

Nov 2, 2022 | 0

Nib Insurance managed to earn 172.9 million birr gross profit after collecting a gross written premium of 709.4 million birr for the 2022/2011 budget year. Compared to the previous year, the company gross written premium grew by 24% while the company’s profit grew by 6.1 million birr or by 3.7%.

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.

Nib Insurance Nets 145ml br profit for 2020/2019 budget year

Mar 21, 2021 | 0

Nib Insurance, an 18-year-old firm, registered a remarkable leap in profit growth last fiscal year, netting 145.2 million Br, a 38.8pc increase from the previous year.

The massive expansion in profit pushed Nib’s earnings per share (EPS), net profit divided by the total outstanding shares, to grow by eight percent to 177 Br.