CIC Insurance Group Ltd Ord 1.00 stock price and financial data

Issuer profile

CIC Insurance Group Plc is a Kenya-based insurance company. The principal activities of the company are the transaction of general and life insurance businesses including pension scheme administration and fund management. The company's segments include general insurance business, long term insurance business, asset management and other business. General insurance business relates to all other categories of insurance business written by the Group and is analyzed into several sub-classes of business based on the nature of the assumed risk. Long-term business comprises the underwriting of risks relating to death of an insured person and includes contracts subject to the payment of premiums for a long-term dependent on the termination or continuance of the life of an insured person. The company operates in Kenya's insurance and financial services market, where underwriting discipline, investment income, distribution reach and claims management shape business performance.