News

Dear Shareholders of Ethio-Re!! The company's revised Articles of Association (AOA) will be approved in the coming Extraordinary meeting of Shareholders, which will take place in December 2023. Accordingly, please send us your comments, if any, on the enclosed AOA within a month time, in writing, to our head office or via email This email address is being protected from spambots. You need JavaScript enabled to view it..

With regards,

A high-level #delegation from the Ethiopian Reinsurance Company (Ethio Re) paid a courtesy call to the ZEP-RE (PTA Reinsurance Company) Managing Director & CEO, Ms. Hope Murera at the head office in Nairobi, Kenya today.

The Ethio Re #team was led by the Chief Executive Officer Mr. Dawit G/Amanuel, accompanied by Mrs. Meseret Tilahun, EO, Operations, and the Executive Officer, Strategy & Business Development, Mr. Fikru Tsegaye.

Messrs. Jephita Gwatipedza, Chief Operating Officer, and Bernard Katambala, Regional Director, Eastern Africa Hub, joined by Ms. Miriam Magala, Company Secretary and Head of Legal & Regulatory Affairs were part of the host delegation that joined ZEP-RE's CEO at the meeting.

The discussions centered primarily on the ZEP-Ethio Re business #partnership and ways to establish a mutual #framework governing the #strategic #collaboration between the two entities.

 Academic Qualifiations

Ethio-Re condcuted its 7th Annual Ordinary General Meeting of Shareholders  in accordance with Articles 366,367,370,371 and 372 of the Commercial Code of Ethiopia, Proclamation Number 1243/2021 and Articles 9 and 10 of the Company’s Articles of Association as well as the relevant Directives of the National Bank of Ethiopia, at Hilton Hotel Addis Ababa.      

The Agenda for the 7^th Annual Ordinary General Meeting were:

• Appointment of Vote Tellers;
• Approval of the Meeting Agenda;
• Approval of Share Transfers and New Shareholders who acquired shares in 2021/22;
• Consideration and approval of the 2021/22 Annual Report of the Board of Directors;
• Consideration and approval of the 2021/22 Annual Report of External Auditors;
• Deliberation on and approval of the proposed appropriation of 2021/22 profits;
• Approval of Auditors' fee for 2022/23;
• Approval of Annual Compensation and a monthly allowance of the Board of Directors;
• Approval of the minutes of the meeting.