WHAT YOU NEED TO KNOW?
· Total number of insurance companies:18, of which 17 were private and 1 state owned.
· Total branch network increased to 635 from 605 a year ago.
· About 54.3% of branches are in Addis Ababa.
· Total capital: rose to Birr 11.1 billion from Birr 9.7 billion a year ago. Private insurance companies accounted for 73.6% of the total capital of the insurance sector.
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