Mekdes Debesay went to the USA

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Journalist Mekdes Debesay went to America. It is not yet known whether it is for vacation or permanent residence.

Collected more than 3.1 billion birr in total premium income

- Awash Insurance

 

#Ethiopia | The company said in a statement to Sheger Radio that it had earned more than 902.6 million birr in annual consolidated profit before tax in the fiscal year.

 

This is said to be a profit growth of more than 64 percent. 

 

#Awash_Insurance noted that in the fiscal year, the total insurance income was more than 2.6 billion birr.

 

It also said that it had collected 443.7 million birr in the life insurance sector.

 

The fiscal year's income growth was said to be more than 28 percent in all business sectors. 

 

The company explained that it was able to become a shareholder of 1.25 billion birr in the fiscal year alone by making additional #investments of more than 387.9 million birr in various companies.

 

He said that the Ethiopian Renaissance Dam bond was purchased for 77.11 million birr; the Development Bank bond purchase was more than 76.3 million birr.

 

It was mentioned that the company paid more than 1 billion birr in compensation in all insurance sectors for the fiscal year.

 

We heard that the total assets of Awash Insurance reached 7.7 billion birr, the paid-up capital reached 1.9 billion birr, and the subscribed capital reached 3.9 billion birr.

 

The company is celebrating its 30th anniversary with various programs.

 

Morning full

Category
Celebrity
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