Ethiopian Insurance Corporation
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 | |
| Abbreviation | EIC |
|---|---|
| Formation | 1 January 1976 |
| Type | Governmental |
| Purpose | Insurance company |
| Headquarters | Leghar, Addis Ababa, Ethiopia |
| Owner | Ethiopian Investment Holdings |
| Website | Official 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 (US$1.29 million) after taking over the thirteen nationalized private insurance companies liabilities and assets.[1] The Ethiopian Insurance Corporation is a subsidiary of Ethiopian Investment Holdings (EIH), the sovereign wealth fund of Ethiopia.[2][3]