Key Takeaways
• Net profit rose 14.5% in 2025/26.
• Combined premiums and General Takaful contributions grew 24.18%.
• Paid-up capital reached Birr 1.88 billion.
• Life insurance and Takaful are priorities for diversification.
• ECMA approved share registration; an ESX listing remains a potential next step.
• Delayed core and life-insurance systems remain implementation priorities.
• Insurance service expenses grew faster than premium and contribution income.
Market Impact
Hibret plans wider distribution through brokers, banks and microfinance institutions. Additional capital supports expansion and policyholder obligations, while property and investment income broaden revenue sources.
Service expenses before net reinsurance rose 41.84%, against 24.18% premium and contribution growth. Cost discipline and completion of delayed technology projects remain central to execution.
Key Numbers
• Birr 965.32 million: net profit.
• Birr 3.42 billion: combined premiums and Takaful contributions.
• Birr 1.88 billion: paid-up capital.
• Birr 1.74 billion: insurance service expenses before net reinsurance.
Business Signal
Hibret is expanding its capital and distribution base while managing faster expense growth and delayed digital implementation.
Reported November 1, 2026. Thumbnail: editorial illustration.