CIC Insurance posts Sh259 million profit in half-year

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CIC Insurance Group chairman Nelson Kuria. FILE PHOTO | NMG

CIC Insurance Group #ticker:CIC posted a Sh259.5 million net profit in the half year ended June, reversing a net loss of Sh335.5 million the year before.

The return to profitability was helped by improved performance in the underwriting business and higher investment income.

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