×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App
×
The Standard Group PLC The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: corporate@standardmedia.co.ke

CIC bounces back from Sh335m loss to net Sh259m half-year profit

CIC Group Chief Executive Patrick Nyaga.

Insurance provider CIC Group has bounced back to profitability, posting a net profit of Sh259.5 million in the first half of this year.

This was an improvement from a net loss of Sh335.5 million that the listed insurer recorded in the same period last year owing to the adverse effects of the Covid-19 pandemic.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902