Investment income lifts CIC half-year profit by 70pc

CIC Group CEO Patrick Nyaga.

Photo credit: File | Nation Media Group

CIC Insurance Group net earnings have raced past its entire 2025 profit in the first six months of this year, boosted by investment income and land sales despite underwriting revenue falling by more than half.

In the half-year ended June, the group’s net profit rose 70.4 percent to Sh1.08 billion, more than doubling the Sh513.82 million it earned in the whole of last year.

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