CiC Insurance

14 Articles
BUSINESS

CIC Insurance and Williamson Tea Join Global MSCI Frontier Small Cap Index

Kenya’s capital markets have received a major boost after two Nairobi Securities Exchange (NSE)-listed companies were added to the MSCI Frontier Small Cap...

Motor insurance sector
SMART MONEY

Digital Migration in Kenya’s Evolving Motor Insurance

The lifestyle of today’s motorists is cashless, paperless and mobile-fast. To keep pace with the new customer dynamics, motor underwriters have had to...

Patrick Nyaga CIC Insurance
BUSINESS

CIC Insurance Half-Year Profit Jumps To Sh705 Million

CIC Insurance Group Plc has reported a profit after tax of Ksh705.4 million for the six  months ending 30th June 2023, up from...

CIC Insurance
BUSINESS

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...

Last expense cover - funeral cover in kenya
SMART MONEY

Kenyans Frown At Offer To Attend Their Own Funeral

Kenyans have been urged to take advantage of the affordable and customized last expense insurance products in the market to reduce the financial...

Equity Insurance Agency
BUSINESS

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...

Nelson Kuria CIC Group Chairman
FEATURED ARTICLE

Former Insurance CEO to Steer Review of Cooperatives Law

Dr Nelson Kuria, the former CEO of CIC Insurance Group, has been appointed to draft the new National Co-operatives policy paper. If approved...

FEATURED ARTICLE

CIC Insurance Appoints New CEO

CIC Insurance on Monday announced the appointment of Patrick Nyaga as its new CEO following the departure of Tom Gitogo who cut his...

CIC Insurance
FEATURED ARTICLE

CIC Group HY Profits Plunge 96% on Losses in Life Insurance

Life insurance has proven to be a heavy cost on CIC Insurance Group as the listed firm saw profits dip by 96% during...