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CIC Insurance Group Plc
CIC Plaza, Mara Road
Phone: +254 202823000p:+254 202823000 NAIROBI, 00200  Kenya Ticker: CICCIC
Business Summary
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. Asset management comprises fund management, advisory services businesses, and investments. Others comprises regional companies, namely, CIC Africa Uganda, CIC Africa Malawi and CIC Africa South Sudan.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2022Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6311 Life insurance
6324 Hospital and medical service plans
6282 Investment advice

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Nelson C.Kuria 64 7/2/2021
Acting Group Chief Executive Officer, Managing Director of CIC General Insurance Limited, Member of ElijahWachira 50 10/9/2019
Non-Executive Vice Chairman of the Board James N.Njiru 52 6/29/2021 5/13/2016
12 additional Officers and Directors records available in full report.

Business Names
Business Name
CIC
CiC Life Assurance Limited

General Information
Number of Employees: 648 (As of 12/31/2022)
Outstanding Shares: 2,615,578,000 (As of 12/31/2023)
Stock Exchange: NBO


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Monday, December 2, 2024