Deputy Mayor of Addis Ababa City officially inaugurated the first ever feeding center for the needy at KIRKOS SUBCITY with full financial support of Ethio-Re. The feeding center named as Tesfa Berhan aims to serve a meal for the needy and economically poor people every day. According to a study conducted by the city administration, there are more than 100,000 residents who cannot get food once in a day. The city administration builts the  feeding centers so as to provide a meal for most vulnerable members of the society.

 Optimized ETHIO RE FEEDING PROGRAM KIRKOS SUB CITY

 Pictured: Left to right:  HE. Adanaceh Abebe(Deputy Mayor of Addis Ababa City) , Administrator of Kirkos subcity, Mr Dawit G/Amaniuel (Chief Executive Officer of Ethio-Re) ,and Mr Fikru Tsegaye (Executive Officer, Strategy and Business Development of Ethio-Re) inagurating the feeding program at Kirkos subcity.

ለኢትዮጵያ ጠለፋ መድን አክሲዮን ማህበር

ያልተከፈሉ አክሲዮኖችን ከፍለው ላላጠናቀቁ

ባለአከሲዮኖች በሙሉ የተሠጠ ማሳሰቢያ

ማህበሩ ሲመሠረት የተፈረሙ አክሲዮኖችን ሙሉ በሙሉ ያልከፈሉ ባለአክሲዮኖች ኩባንያው ከተመዘገበ አንስቶ በሚቆጠር እስከ አምስት አመት ከፍለው መጨረስ እንዳለባቸው የሚሰጣቸው የጊዜ ገደብ እ.ኤ.አ. ሰኔ 3ዐ ቀን 2ዐ21 ድረስ የሚጠናቀቅ በመሆኑ፣ ቀሪ ክፍያ ያለባችሁ ባለአክሲዮኖች በመሉ አጠናቃችሁ እንድትከፍሉ እያሳወቅን ለተጨማሪ መረጃ በ11 5 57 57 77 ደውሎ መጠየቅ የሚቻል መሆኑን እንገልፃለን፡፡

የኢትዮጵያ ጠለፋ መድን አ.ማ.

አፍሪካ ጐዳና ቂርቆስ ክ/ከተማ

የስልክ ቁጥር +251 15 57 57 57

የፋክስ ቁጥር ዐ11 5 57 57 58

የፖስታ ሣ. ቁ. 12687

አዲስ አበባ

 

ALL SHAREHOLDERS WITH UNPAID SUBSCRIPTIONS

NOTICE is hereby given that the as per the company’s Articles and Memorandum of Association , the five years deadline for the payment of unpaid subscriptions is on or before June 30, 2021. Hence, all shareholders with unpaid subscriptions are requested to pay in full the balance of their subscriptions at the office of the Company located at the Ethiopian Reinsurance Share Company ,Kirkos Sub City Woreda 9, Bitweded Baheru Abraham Tower 6th floor.  

Our full address:

የኢትዮጵያ ጠለፋ መድን ..

Ethiopian Reinsurance S.C.

Africa Avenue | Kirkos Subcity | Woreda 9

Bitweded Baheru Abraham Tower 6th floor.

Tel: +251-115-575757 | 115-582790 | 92 | 93

Fax:+251 115 575758 P.O. Box 12687 , Addis Ababa, Ethiopia

Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Website: www.ethiopianre.com

The Board of Directors are pleased to announce the formal appointment of Mr. Dawit G/Amanuel as the new Chief Executive Officer of Ethio-Re effective June 1, 2021.

Optimized Ato Dawit G Ammanuel 1

Mr. Dawit has a broad and extensive experience within the Ethiopian insurance and reinsurance industry spanning over 30 years. His insights include Accounting and Finance, Reinsurance (designing and negotiating R/I programs, Underwriting, Claims), Human Resource/Administration, and Property Management; and various capabilities, and for overall business delivery in management, executive, and board roles.

Throughout his career he has been working for insurance companies including the state owned Ethiopia Insurance Corporation, Nile Insurance and The United Insurance Company in key managerial posts including CEO positions.

The Board, Management and employees of Ethio-Re are pleased to welcome Mr. Dawit and certainly looking forward to developing the company further with a clear industrial ambition to change the Company and the landscape of the industry.

AlHuda CIBE will Provide Assistance for the Development of Takaful & Re-Takaful Industry

 mou alhuda

Takaful, the globally emerging phenomenon is not only restricted to the specific countries rather it has captivated its roots in African, Asian and European countries and in America as well. The built-in features of sustainability and best alternative financial solution make this phenomenon prominent and attracts the attention of professionals and researchers.

Keeping in view the importance, AlHuda CIBE and Ethiopia Reinsurance have entered into a Memorandum of Understanding (MOU) yesterday in the headquarters of Ethiopian Reinsurance, Addis Ababa, Ethiopia, signed by Mr. M. Zubair Mughal, CEO of AlHuda CIBE and Mr. Fikru Tsegaye, A/CEO of Ethiopian Reinsurance. The purpose of the MoU is to promote Takaful and Re-Takaful industry in East African and Ethiopian insurance market.

Mr. M. Zubair Mughal said that Islamic finance is not only the interest of Muslim population rather non-Muslims are taking keen interest to learn and implement it. There are various non-Muslim countries where Islamic Finance is providing their customers state-of-the-art services above all religious differences. He added that according to this MoU, both organizations will work together to strengthen the Takaful and Re-Takaful industry in the region. Moreover, the annual conference will also be held under the MoU to promote Takaful industry. AlHuda CIBE will offer its technical and Shariah advisory, trainings and other services to the Takaful industry. AlHuda CIBE and Ethiopian Reinsurance will work together to promote the captive Takaful industry.

He also added that, we will pool our expertise and resources to achieve the optimum goal of promotion of Takaful and Re-Takaful industry in East African countries. Mr. Zubair Mughal, Chief Executive Officer, AlHuda CIBE, stated that more than 400 Takaful companies and 35 plus Re-Takaful companies are working globally. Takaful industry will help to manage the risk under ultimate Shariah rulings and important for the promotion of Islamic finance industry overall. Islamic finance industry is in need to avail Shariah compliant risk management techniques which is only possible under Takaful concept. This will strengthen the Islamic finance industry overall.

Mr. Fikru Tsegaye, A/CEO of Ethiopian Reinsurance said that they are dedicated to develop Re-Takaful market in the region for the development of Takaful industry. This initiative will also strengthen the local Takaful industry in Ethiopia. Furthermore, other regional markets would also be benefited by the initiative taken by the Ethiopian Reinsurance, he added.

About AlHuda CIBE:
AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provide state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Trainings Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance.

We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 35 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: www.alhudacibe.com

Ethio-RE Staff visited the Unity Park on Saturday 6, February, 2021. The construction of Unity Park was initiated by Prime Minister Abiy Ahmed (Dr.) in 2018 and officially inaugurated and opened to the public on October 10/ 2019

 

unity park

Unity Park is located in the premises of the Grand Palace and it is composed of various historical, natural and cultural sites.The Grand Palace, where Unity Park is located, was established in 1887 and without counting Prime Minister Abiy Ahmed (Dr.), the palace served as the living and working space of seven Ethiopian leaders. The palace covers an area of 40 hectares and contains myriads of historical buildings and plants that date back to the time of Emperor Menelik II.

Announcement of the 1st

Ethiopian based Global Takaful and Re-Takaful Forum

Ethiopian Reinsurance SC a.k.a. (Ethio-Re) is delighted to herald the first Ethiopian-based global takaful and retakaful forum to foster the advancement of the insurance industry bearing in mind its untapped potential in Ethiopia.

  • EVENT TITLE: Global Takaful and Re-Takaful Forum ;
  • WHEN: 18th March 2021 & 2 Days Post Event Workshop on Operational Aspects of Takaful, ReTakaful, and Micro-Takaful (19 -20 March 2021);
  • VENUE: Hyatt Regency Hotel, Addis Ababa, Ethiopia;
  • IN ASSOCIATION with AlHuda CIBE: Centre of Islamic Banking & Economics.
  • EVENT OWNER: Ethiopian Reinsurance SC (Ethio-Re)

Event recipe

Ethio-Re has organized this global event to create Awareness, Learning, and Trained Human Capital and create a learning atmosphere to develop Islamic Financial Products to cater for the market needs bringing more and more compatibility between Customers and Islamic Financial Institutions through education, pieces of training, awareness seminars, product development, publications, and consultancy.

All insurance companies are invited to attend the event and benefit from the happening.

Please send us the participants that will attend the event via email using  This email address is being protected from spambots. You need JavaScript enabled to view it.  /   indicating “ GLOBAL TAKAFUL AND RETAKAFUL FORUM” in the subject line or call us using +251-913-0351-68 /+251-115-57-57-57.

Ethio-Re

Rising with Africa!