CIC Insurance Group has issued a profit warning for the year ended December 2025, anticipating its net income to fall by at least 25 percent in the absence of a one-time investment property gain and higher claims.
The Nairobi Securities Exchange-listed firm had posted a net profit of Sh2.85 billion the year before, when its performance was boosted by a Sh1 billion gain from the revaluation of its Kiambu land.
