Ethiopian Insurance Corporation

Ethiopian Insurance Corporation
AbbreviationEIC
Formation1 January 1976 (1976-01-01)
TypeGovernmental
PurposeInsurance company
HeadquartersLeghar, Addis Ababa, Ethiopia
OwnerEthiopian Investment Holdings
WebsiteOfficial website

The Ethiopian Insurance Corporation (Amharic: የኢትዮጵያ ኢንሹራንስ ኮርፖሬሽን; EIC) is a state-owned insurance corporation headquartered in Leghar, Addis Ababa, Ethiopia. It was established in 1976 with initial capital of 11 million (1.29 million USD) after taking over the thirteen nationalized private insurance companies liabilities and assets. The Ethiopian Insurance Corporation is a subsidiary of Ethiopian Investment Holdings (EIH), the sovereign wealth fund of Ethiopia.