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Cic Insurance Group Limited (Kenya)

Main Activities: Insurance Agencies and Brokerages
Full name: Cic Insurance Group Limited Profile Updated: December 11, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Cic Insurance Group Limited is based in Kenya, with the head office in Nairobi. The company operates in the Insurance Agencies and Brokerages sector. The company was established on April 03, 1978. It currently has a total number of 893 (2024) employees. From the latest financial highlights, Cic Insurance Group Limited reported a net sales revenue increase of 3242.79% in 2024. There was a total growth of 23.14% in Cic Insurance Group Limited’s total assets over the same period.

Headquarters
Cic Plaza, Upper Hill, Mara Road, P. O. Box 59485 - 00200
Nairobi; Nairobi;

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Website: http://www.cicinsurancegroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 03, 1978
Key Executives
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Chairman
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Vice Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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74.3%
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6%
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1%
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0.9%
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0.6%
Subsidiaries
Cic Africa (Uganda) Limited (Uganda)
Cic Africa Co-Operatives Insurance (Malawi) Limited (Malawi)
Cic Africa Insurance (Ss) Limited (South Africa)
Company Performance
Financial values in the chart are available after Cic Insurance Group Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KES. Absolute financial data is included in the purchased report.
Net Insurance Premium Revenue
3242.79%▲
Operating Profit
365.74%▲
Net Profit/Loss for the Period
97.99%▲
Total Assets
23.14%▲
Investments
12.74%▲
Receivables
35.48%▲
Total Equity
44.69%▲
Net Premiums Earned Trend
N/A
Net Profit Trend
-719.56%▼
Return on Equity (ROE)
6.98%▲
Loss Ratio
37.65%▲
Underwriting Expenses Ratio
-130.67%▼

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