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Insurer profile · Ethiopia

Nyala Insurance in Ethiopia: licensed companies, regulator figures, claims and complaints

Short answerChecked 23 September 2026
In Ethiopia, Nyala Insurance operates through 1 company on the National Bank of Ethiopia list (NBE directory, confirmed by the NBE Annual Report 2024/25): Nyala Insurance S.C. Each company is licensed on its own. Before you buy, ask the insurer to confirm the certificate; the sticker must be on the windscreen. You have the choice: compare Nyala Insurance with the other licensed insurers before you sign.

Nyala Insurance company licensed in Ethiopia

CompanyLicensed as
Nyala Insurance 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.

Nyala Insurance in Ethiopia: the regulator's figures (30 June 2025)

CompanyCapital (ETB million)A year earlierRank by capitalBranches (Addis Ababa / regions)
Nyala Insurance S.C.2,5351,9754 of 1841 (20 / 21)

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 Nyala Insurance in Ethiopia

  1. Check that the policy is issued by one of the companies above — the licensed entity, not only the brand.
  2. For motor cover, ask the insurer to confirm the certificate; the sticker must be on the windscreen.
  3. Ask for the schedule and the exclusions in writing, and compare them with at least one other insurer.
  4. 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).
  5. 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 Nyala Insurance. Brand names belong to their owners.

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Frequently asked questions

Is Nyala Insurance licensed in Ethiopia?

Yes. 1 Nyala Insurance company appears on the National Bank of Ethiopia list (NBE directory, confirmed by the NBE Annual Report 2024/25): Nyala Insurance S.C.

How do I complain about Nyala Insurance in Ethiopia?

Write to Nyala 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 Nyala 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).

Sources

  1. National Bank of Ethiopia — licensed insurers
Nyala Insurance Ethiopia: licence, claims, complaints | Tulinde