CIC Group unroll $2m payroll restructuring
CIC’s restructuring plan, which started in 2021, was mooted to revert the firm to a strong financial footing after posting a decline in profit in 2019.
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CIC’s restructuring plan, which started in 2021, was mooted to revert the firm to a strong financial footing after posting a decline in profit in 2019.
It presents an opportunity for underwriters to position themselves as socially responsible leaders.
Insurers' gross premiums from motor underwriting rose by 14.1 percent in 2022 to Sh53.9 billion.
CIC Group has expanded options for the sale of Kiambu land valued at about Sh4.05 billion as it seeks to attract more buyers.
Nearly half of Nairobi Securities Exchange (NSE) listed firms did not pay dividends in the last financial year cycle revealing muted returns for investors in the bourse.