EIC to open Southern Sudan branch
September 02, 2010
ETHIOPIAN Insurance Corporation (EIC), which offers life and non-life policies, is to open a branch in Juba, the capital of Southern Sudan. It is EIC’s first foreign incursion. EIC managing director Yewondwosen Eteffa revealed during the company’s presentation of its annual report. He said that a feasibility study had been conducted last year that showed strong potential for an expansion into South Sudan. The company is now awaiting final regulatory...