CIC General rating up after Sh800m capital injection CIC General Insurance’s outlook has been upgraded to ‘stable’ from a ‘negative’ rating following a capital injection last year.The capital injection nearly doubled the insurer’s previous capital base of Sh900 million to Sh1.7 billion. South African Global Credit…

CIC Insurance Group has today made a public announcement on its plan to acquire property for development purposes. The property is to be acquired by CIC General Insurance Limited and CIC Life Assurance Limited, both wholly owned subsidiaries of CIC Insurance Group in Isinya, Kajiado. Total acreage of these…