Awash Insurance Company (AIC) disclosed it has made a net profit of 91 million Birr during 2015/2016 fiscal year. The profit made by AIC, which is among the biggest insurers in Ethiopia, shows a 41 percent increase in net profits when compared to the 2014/2015 fiscal year.
Source: http://www.2merkato.com/news/alerts/4793-ethiopia-awash-insurance-made-91-million-birr-profit