CIC Insurance Group (CIC) Realtime Stock Quote | Nairobi Securities Exchange | myStocks
|
CIC Insurance Group Ltd (CIC) |
End of day - Oct 03, 2024
2.07
-0.03 (-1.43%)
|
2.10
Previous
|
2.07 -0.03 (-1.43%)
End of day - Oct 03, 2024
| 2.19 High
| 2.01 Low
| 64,600 Volume
| 133,932.00 Turnover
|
1.80 - 2.50
52-week Range
|
Mon | Tue | Wed | Thu | Fri | Sat | Sun |
---|---|---|---|---|---|---|
Corporate Actions Outlook
Latest Company News
Latest Financial News
Real-time Market Data
Market Commentary
Brief Company Profile
Market Segment: Main Investment Segment
Sector: Insurance
CIC Insurance Group Ltd. operates as a micro insurance provider in Kenya that offers general insurance, group life and individual life insurance services. It operates its business through the following segments: General insurance business, Long term insurance business and other businesses. The company provides insurance services to Agriculture, Asset Management, General business, Group life, Individual life, Medical, Micro Insurance and Pension sectors. The Group comprises three subsidiaries namely CIC Life Assurance, CIC General Insurance Ltd, CIC Asset Management Ltd and Takaful Ltd respectively.The company has maintained a Compounded Annual growth rate of 62% over the last 5 years due to good strategies employed in the Underwriting business. CIC is an anchor underwriter of the 10-million-member Co-operative Movement in Kenya which is also a founder member Guaranteeing continuity of business. A niche market that CIC has tapped is in the provision of crop and livestock insurance.
The company expansion strategy is entering new markets in the region including the East and Central parts of Africa such as South Sudan, Rwanda, and Tanzania. Its robust performance over the years has seen it join the constituent securities in the NSE 20 share Index which classifies it as bluechip. CIC Insurance recently announced that it will venture into real estate with a Sh2.8 billion commercial and residential development on its 200 acre parcel in Kiambu county diversyfying its business segments. The company is well capitalized as compared to risks taken thus complying with Regulations and Guidlines that are provided for by the Insurance regulator.
Jan 16, 2017
Register on myStocks
IndicesNSE 10-Share IndexNSE 20-Share IndexNSE 25-Share IndexNSE All-Share IndexNSE Bonds IndexZamara Kenya Equity Index…Zamara Kenya Equity Index…
AgriculturalEaagads LtdKakuzi PlcKapchorua Tea Kenya PlcLimuru Tea PlcSasini Plc
Automobiles and AccessoriesCar and General (K) Ltd
BankingABSA Bank Kenya PlcBK Group PlcCo-operative Bank of Kenya…Diamond Trust Bank Kenya LtdEquity Group Holdings PlcHF Group LtdI & M Holdings PlcKCB Group PlcNational Bank of Kenya LtdNCBA Group PlcStanbic Holdings PlcStandard Chartered Bank…
Commercial and ServicesDeacons (East Africa) PlcEveready East Africa LtdExpress Kenya PlcHomeboyz Entertainment Plc
Construction and AlliedARM Cement PlcBamburi Cement LtdCrown Paints Kenya PlcEast African Cables PlcEast African Portland Cement…
Energy and PetroleumKenolKobil LtdKenya Electricity Generating…Kenya Power and Lighting Co.…Kenya Power and Lighting Co.…Kenya Power and Lighting…TotalEnergies Marketing…
InsuranceBritam Holdings PlcCIC Insurance Group LtdJubilee Holdings LtdKenya Re-Insurance…Liberty Kenya Holdings LtdSanlam Kenya Plc
InvestmentCentum Investment Company…Home Afrika LtdKurwitu Ventures LtdOlympia Capital Holdings LtdTrans-Century PlcTrans-Century Plc (Rights)
Investment ServicesNairobi Securities Exchange…
Manufacturing and AlliedBOC Kenya PlcBritish American Tobacco…
TelecommunicationSafaricom Plc
Real Estate Investment TrustsLaptrust Imara Income-REIT
Exchange Traded FundsABSA NewGold ETF