CIC says the deal has seen it reclassify the investment in Takaful from an associate to an unquoted equity investment.
CIC Insurance Group is betting on savings and credit co-operative societies (Saccos) to increase insurance penetration, widen its market share and empower more people economically through its customer ...
The payment has cut the outstanding loan amount from the Sh4.92 billion it reported in its books at the end of December 2025.
About CIC Insurance Group Ltd. CIC Insurance Group Ltd. engages in the provision of insurance and financial services. It operates through the following segments: Long-term Business, General Insurance ...
Shareholders approve Nairobi listing plan Agree to increase in share capital to 3 bln shillings Meeting also agrees 20 for one share split NAIROBI, May 16 (Reuters) - Kenya's CIC Insurance Group, the ...
NAIROBI, Aug 30 (Reuters) - Kenyan group CIC Insurance posted a 17 percent drop in first-half pretax profit to 470 million shillings ($5.6 million), hurt by one-off costs related to its bourse listing ...
Closely watched litigation pits the insurer in opposition to overreaching regulatory actions to block its redomestication out of California, as the State's insurance market suffers unavailability and ...