Des rappels doivent être faits périodiquement pour certains vaccins alors que la maladie immunise en général à vie. Il cialis cialis pharmacie est donc important de vérifier la validité d'un vaccin tout au long de sa vie.

GLOBAL SUPPORT

The Gross Written Premium of this year exceeded over ten million from the preceding year while net claims incurred stood over eight million. With this effect underwriting result reduce by 2.3 million. However, the gross profits increase by 0.73 million from previous year.

 

100+ TALENTED STAFF

The company’s net claims incurred during the reporting period is Birr 32.2 million increased by 52.65% compared to the previous year. Net Claims Paid during the period has increased by 27.25% compared to the previous year to Birr 30.1million.

 

PERFORMANCE

The Gross Written Premium of this year exceeded over ten million from the preceding year while net claims incurred stood over eight million. With this effect underwriting result reduce by 2.3 million. However, the gross profits increase by 0.73 million from previous year.

 

The Economy

The International Monetary Fund (IMF) ranks Ethiopia as among the five fastest growing economies in the world. After a decade of continuous expansion (during which real GDP growth averaged 10.8% per annum), in 2013/14 (2006 EFY) the economy grew for its 11th year.

 

THE INSURANCE MARKET

The global economy continued to expand during 2014 at a moderate and uneven pace, as the prolonged recovery process from the global financial crisis was still saddled with unfin­ished post-crisis adjustments. Global recovery was also hampered by some new challenges, including a number of unexpected shocks, such as the heightened geopolitical conflicts in various areas of the world. Growth of world gross product (WGP) is estimated to be 2.6 per cent in 2014 but lower than the projected 2.9 per cent. Subject to a number of uncertainties and downside risks, the global economy is expected to strengthen in the following two years, with WGP projected to grow by 3.1 and 3.3 per cent in 2015 and 2016, respectively. The key assumptions for this forecast among others are: monetary and fiscal policies for major economies, exchange rates for major currencies, international pric­es of oil and other primary commodities.The economy of the United States, after some inconsistent fluctuation in 2014, is expected to improve in 2015 and 2016, with GDP projected to expand by 2.8 and 3.1 per cent respectively, compared with an estimate of 2.3 per cent for 2014.

Who we are

Global Insurance Company (GIC) was established in 1997 by 23 founding members at an initial paid up capital of 3.75 million Ethiopian Birr in a small office in the old airport area and one contact office in Arada Sub City.

In June 2010 GIC had paid up capital of 20 million Ethiopian Birr from 135 shareholders. It is now operating in 12 branches of which 7 are in Addis Ababa. The company has 131 employees.

The new 8 story GIC Head Office Building at area known as Somali Tera has now been completed at a cost of 20 million Ethiopian Birr from own fund and has started operation as of October 2008.

Why Choose us

Global Insurance Company provides several unique services including annual vichle inspection at our kality branch, the company has started this huge service so that our clients do get a more centralized and more effective service. serving you is our first priority.

Several Other Services Are Provided By Our Team

Contact Our Team For More Information

Partners Of Global Insurance

GLOBAL INSURANCE Co

Seek long-term relationships with our customers, based upon quality of service and productivity improvement, not lowest price, Respect the dignity, rights and contributions of our employees, Attract and retain a skilled workforce by adhering to a stringent recruitment policy, Continue to improve the quality of our services for our customers, Continue to improve the mechanism for identifying and satisfying customer needs through our Insurance.....

About Us

From the Blog

October 20, 2015
October 10, 2015
November 14, 2013

Get in touch

  • Global Insurance Company S.C.
    Gobena Aba Tigu Street |Somale Tera|
    Global Insurance Main Building
    Town
    P.O.Box: 180112 Addis Ababa, Ethiopia
  • +251-11-156-7400
  • +251-11-156-5850
  • +251-11-156-6200
  • info@globalinsurancesc.com
  • globalinsu@ethionet.et
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