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The Standard Group Plc is a
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| Muchemi Ndungu (left) Association of Insurance Brokers of Kenya Chairman in conversation with CIC Group CEO |
CIC Insurance plans to raise Sh5 billion through a corporate bond issue to fund its ambitious regional expansion plan.
The proceeds of the bond issue will also be used to bolster the capital requirements of the insurer's subsidiaries and support investments in the medical and real estate projects.
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