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CIC issues profit warning after Sh1bn gain in 2024
CIC Insurance Group has issued a profit warning for the year ended December 2025, anticipating its net income to fall by at least 25 percent in the absence of a one-time investment property gain and ...
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 ...
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 ...
AllAfrica on MSN
CIC Expects Net Profit to Drop 25pc to Sh2.14bn
CIC Insurance Group has issued a profit warning, projecting a 25 percent decline in net profit to Sh2.14 billion for the full year ending December 31, 2025.During a similar period in 2024, the Group ...
Kenya’s listed insurer CIC Insurance Group has received a $13.95 million windfall from the partial sale of its prime property ...
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 ...
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