Tag
#insurance
Posts tagged “insurance”.
Sep 10, 2026
Governance & Ethics
No More Auditors for Life: What Ethiopia's Six-Year Rotation Rule Means for Insurers' Audit Committees
NBE's Directive No. SIB/64/2026 caps an insurer's external auditor at six years and requires competitive bidding. What audit committees need to build before their next tender.
6 min
Aug 18, 2026
Compliance Training
Ethiopia's Insurers Have Six Months to Prove Their Boards Are Fit and Proper
NBE's Directive SIB/63/2026 gives Ethiopian insurers six months to get board members, executives and 2%+ shareholders individually approved as fit and proper, or face fines. It's a competency-evidence problem as much as a legal one.
5 min