CIC Insurance posts first loss of Sh297m after 13- year run

CIC managing director for general insurance Elijah Wachira. FILE PHOTO | NMG

CIC Insurance Group #ticker:CIC posted a Sh296.8 million net loss in the year ended December, breaking its 13-year profit-making run that goes back to 2007.

It also marks the first full-year loss to be reported by the company since it listed on the Nairobi Securities Exchange (NSE) by introduction on July 18, 2012.

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