Company vows to contribute to the growth of Ethiopia’s insurance industry
Addis Ababa, November 14, 2024 (FBC) – Hibret Insurance SC. celebrated its 30th Anniversary in attendance of shareholders, prominent public figures and representatives of financial institutions.
On the occasion, Meseret Bezabih, CEO of Hibret Insurance, stated that “Our 30th Anniversary is not just a celebration of the past but a reaffirmation of our promise to continue delivering value, ensuring financial security and contributing to the growth of Ethiopia’s insurance industry.
“We are committed to continuing to adapt to the evolving needs of the growing market in the country,” she added.
The burgeoning foreign direct investment flow to Ethiopia has the potential to reshape the future of the insurance industry in the country, Meseret pointed out, adding: “Such development introduces new expertise, best practices, new technologies and capital into the sector.”
The total investment of insurance funds of Hibret Insurance has reached 3.5 billion birr, according to the CEO.