Nyala Insurance marks 30th anniversary and unveils new strategy

Nyala Insurance Company S.C. has launched its "NISCO Reimagined" strategy in conjunction with its 30th-anniversary celebration. The company reported that its total assets have surpassed 7 billion Birr, with a paid-up capital of more than 2 billion Birr. The new rebranding initiative is designed to modernize the company's operations and strengthen its competitiveness within the market. This strategic shift marks a significant milestone for the firm as it looks to expand its footprint in the Ethiopian insurance sector.