CIC | Annual Reports

About The Company

CIC Insurance Group Ltd began as an insurance agency in 1968. In 1978, it evolved into a full-fledged insurance firm with a licence to underwrite all classes of business. At the time, it became known as Cooperative Insurance services. It later rebranded and adopted the name “The Cooperative Insurance Company of Kenya Limited (CIC)” in 1999.


By 2010, after demerging its life and general insurance businesses, the firm again changed its name to CIC Insurance Group Limited, a process that also led to the creation of the following subsidiaries: CIC Life Insurance Limited, CIC General Insurance Limited, and CIC Asset Management Limited.


Apart from the Kenyan operations, the firm also has operations in Sudan and Mauritius. The firm’s shares were listed on the Nairobi Securities Exchange in July 2012. It is headquartered in Nairobi, Kenya.

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