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 | DATE OF CREATION: July 2016, Ethiopia |
| CLASSES OF BUSINESS: Life and non life | |
| MAIN UNDERWRITING ZONE: Africa |
Ethiopian Reinsurance: contact
| Adress: Bole Sub City, Africa Avenue, Abraham Commercial Center, Addis-Ababa, Ethiopia |
| Tel: +251-115 57 57 57 / 965 56 78 34 |
| Email: info@ethiopianre.com |
| Website: www.ethiopianre.com |
Ethiopian Reinsurance: main indicators
in thousands USD| 30/06/2021 | 30/06/2022 | |
| Turnover | 26 033 | 25 879 |
| Shareholder’s equity | 28 313 | 32 134 |
| Net result (1) | 3 657 | 2 313 |
| ROE() | 12,92% | 7,20% |
(1) Result before taxes NA: not available
(2) Net result/Shareholder’s equity
Read also | Ethio Re: fiscal year 2023-2024 results
Ethiopian Reinsurance : rating
| Agency | Rating | Outlook |
| GCR | AA(national business) | Stable |
| GCR | B-(international business) | Stable |
Read also | Ethio-Re: 2018-2023 financial performance
Ethiopian Reinsurance : management
| Meseret Bezabih | Chairman of the board |
| Dawit G. Amanuel | Chief executive officer |
| Meseret Tilahun | Executive officer, operations |
| Azeb Wogayehu | Executive officer, finance and investment |
| Fikru Tsegaye | Executive officer, strategy and business development |
Exchange rate as at 30/06/2020: 1 ETB = 0.02892 USD ; 30/06/2021: 1 ETB = 0.02283 USD
Source: Ethiopian Re
Read also | African reinsurers
