Nib Insurance in Ethiopia: licensed companies, regulator figures, claims and complaints
Nib Insurance company licensed in Ethiopia
| Company | Licensed as |
|---|---|
| Nib Insurance Company S.C. | Insurance companies |
Source: National Bank of Ethiopia, licensed insurers (NBE directory, confirmed by the NBE Annual Report 2024/25). Names are reproduced as the regulator lists them. A licence is not a rating: it means the company may sell insurance in Ethiopia.
Nib Insurance in Ethiopia: the regulator's figures (30 June 2025)
| Company | Capital (ETB million) | A year earlier | Rank by capital | Branches (Addis Ababa / regions) |
|---|---|---|---|---|
| Nib Insurance Company S.C. | 1,839 | 1,364 | 7 of 18 | 47 (31 / 16) |
Source: National Bank of Ethiopia — Annual Report 2024/25, Table 4.6: branch network and capital of insurance companies, 30 June 2025 (figures reported by the companies). The National Bank of Ethiopia does not publish premium, claims or complaints by company: capital says how big an insurer is, not how well it pays. Compare: largest insurers · compare two insurers in Ethiopia.
Before you buy from Nib Insurance in Ethiopia
- Check that the policy is issued by one of the companies above — the licensed entity, not only the brand.
- For motor cover, ask the insurer to confirm the certificate; the sticker must be on the windscreen.
- Ask for the schedule and the exclusions in writing, and compare them with at least one other insurer.
- Keep in mind the claim rule that applies to every insurer: the insurer must answer a complaint within 10 business days (NBE Directive FCP/01/2020).
- If something goes wrong, complain to the insurer, then to the National Bank of Ethiopia (complaintoffice@nbe.gov.et).
The rules above come from our guides: check a cover, licensed insurers and how to complain.
Tulinde is independent and not affiliated with Nib Insurance. Brand names belong to their owners.
What would you like to do now?
Frequently asked questions
Is Nib Insurance licensed in Ethiopia?
Yes. 1 Nib Insurance company appears on the National Bank of Ethiopia list (NBE directory, confirmed by the NBE Annual Report 2024/25): Nib Insurance Company S.C.
How do I complain about Nib Insurance in Ethiopia?
Write to Nib Insurance first; if it does not settle, complain to the insurer, then to the National Bank of Ethiopia (complaintoffice@nbe.gov.et).
How long does Nib Insurance have to pay a claim in Ethiopia?
The same rule applies to every insurer in Ethiopia: the insurer must answer a complaint within 10 business days (NBE Directive FCP/01/2020).