Underwriting


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During the underwriting process, it is common to check some factors about the person or property being insured. Such factors can be related to either the insured or the subject of insurance or to both .


For life insurance, such factors could relate to age,medical condition, life-style, etc...For an automobile, it could include the physical condition of the vehicle, its market value,its ownership and use. 

For a residence, such factors could include natural hazards like flood and earthquake. Besides, replacement cost and location are also amoung the factors to be considered. 

For commercial properties, the factors to be considered include replacement cost,use of the property, value of raw materials and finished goods on site.As many such factors are complex and require some degree of special skills to assess, many products and services regarding the assessment are employed by using professionals with rich experience. 



Awash Insurance Company S.C. Profit, June 30,2017.
Awash Insurance Co. S.C., made Net Profit before Tax of Birr 101.7M. Read More

አዋሽ ኢንሹራንስ ኩባንያ አ.ማ በተጠናቀቀው በጀት ዓመት፡
በጁን 30፣ 2017 እ.ኤ.አ ከታክስ በፊት ከ101.7 ሚሊዮን ብር በላይ ÷ ከታክስ በኋላ የተጣራ ከብር 88 ሚሊዮን በላይ አተረፈ፡፡ Read More

The CEO Is Awarded Doctor of Business Administration(DBA) Degree.
Tsegaye Kemsi Aredo, the CEO of Awash Insurance Company S.C. is awarded degree of Doctor of Business Administration(DBA) Specializing in Insurance Management Honoris Causa  by the prestigious Common Wealth University. Read More

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Contact Information

Awash Insurance Company S.C.
Awash Towers,
Ras Abebe Aregay Street,

Kirkos subcity,Woreda 7
Tel.  +251-011 5 57 00 01
Fax: +251-011 5 57 02 08

E-mail: aic@ethionet.et/aic@awashinsurance.com
P.O.Box 12637
Addis Ababa, ETHIOPIA

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