CIC Insurance Half-Year Profit Jumps To Sh705 Million
CIC Insurance remarkable performance was driven by continued execution of CIC's 2021-2025 strategy underpinned by key transformational initiatives focusing on customer experience, digital transformation and data analytics.
CIC Insurance Records Ksh2 Billion In Gross Profit For 2022
CIC Insurance Group Plc has reported a Profit Before Tax of Kshs 2 billion for the year ended December 2022 compared to the profit before tax of Kshs 960 million recorded in 2021 representing a 112% growth.
CIC has attributed the growth to the continued...
Kenyans Frown At Offer To Attend Their Own Funeral
A report by the Association of Kenya Insurers shows that only 3% of Kenyans have last expense covers where majority pay benefits ranging between Ksh50,000 and Ksh2,500,000.
Equity Insurance Agency Records Sh600 Million Profit
Equity Insurance Agency posted a Ksh600 million gross profit in the financial year ending December 31, 2020. The insurer recorded good performance despite a challenging operating environment under the Covid-19 pandemic.
Equity Group CEO and Managing Director Dr. James Mwangi said its corporate purpose of...
Former Insurance CEO to Steer Review of Cooperatives Law
The policy paper will be presented to Parliament, opening an opportunity for Kenya to review the laws governing the co-operatives sector.
CIC Insurance Appoints New CEO
New CEO takes over from Elijah Wachira who has been holding fort in acting capacity