CIC Insurance Group PLC 2023 IR
The report highlights the financial and sustainability performance of The CIC Insurance Group PLC for the year ended December 31, 2023. The company successfully transitioned to the IFRS 17 standard and recorded a 23% growth in insurance revenue to KShs 25.4 billion, alongside a 209% increase in profit before tax to KShs 2.5 billion. On the sustainability front, the company became a signatory to the United Nations Global Compact Network Kenya and the Nairobi Declaration on Sustainable Insurance. Additionally, the company sponsored 88 high school students through the CIC Foundation and participated in environmental initiatives, including planting 750 seedlings at Kereita Forest.
Company: CIC Insurance Group PLC
Sector: Financials
Country: Kenya
Year: 2023
Type: IR
Pages: 296
CIC Insurance Group PLC
Integrated Report And Financial Statements
The report highlights the financial and sustainability performance of The CIC Insurance Group PLC for the year ended December 31, 2023. The company successfully transitioned to the IFRS 17 standard and recorded a 23% growth in insurance revenue to KShs 25.4 billion, alongside a 209% increase in profit before tax to KShs 2.5 billion. On the sustainability front, the company became a signatory to the United Nations Global Compact Network Kenya and the Nairobi Declaration on Sustainable Insurance. Additionally, the company sponsored 88 high school students through the CIC Foundation and participated in environmental initiatives, including planting 750 seedlings at Kereita Forest.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees