LION INSURANCE COMPANY - Addis Ababa, Ethiopia

Established in June 2007 by over 300 shareholders, Lion Insurance Company (S.C.) has a broad public base. Registered at an ever higher initial paid-up capital of Birr 16 million and a subscribed capital of Birr 66.4 million, the Company is one of the highest capitalized companies in the private insurance sector at formation. Currently, the Company’s paid-up capital has reached Birr 100 million and the subscribed is raised to Birr 300 Million. The Company has acquired its own recovery yard area 7200 m2 at Akaki/Kality Sub City near Midroc Terminal and also has a G+7 & G+6 building for its Head Quarter built on 1000 m2 area which is found on the street of Haile G/Sellasie Avenue, Lion Insurance Building. Lion Insurance Company (S.C.) is licensed to transact all life and non-life insurance products. Presently, it is providing a full range of non-life products to the public.