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CIC Insurance Group Ltd (CIC) - Financial and Strategic SWOT Analysis Review

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    SWOT Analysis

  • 35 Pages
  • January 2023
  • GlobalData
  • ID: 3945847
1h Free Analyst Time
1h Free Analyst Time

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CIC Insurance Group Ltd (CIC) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by the publisher to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

  • Business description - A detailed description of the company’s operations and business divisions.
  • Corporate strategy - Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives’ employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.


CIC Insurance Group Ltd (CIC) is a multi-line insurance company. It offers a range of general insurance, life insurance, and fund management solutions. The company offers general insurance products such as lady auto insurance, motor commercial insurance, professional indemnity insurance, fire insurance, medical insurance, marine insurance, personal accident insurance, and machinery breakdown insurance. Its life insurance offerings include group life assurance, pension plans, and annuity plans. CIC provides asset management products such as equity funds, balanced funds, money market funds, and fixed income funds. The company markets and distributes its products through a network of independent agents, brokers, branches, and tied financial advisors. CIC operates through branch offices in Kenya and has regional offices in Uganda, Sudan, and Malawi. CIC is headquartered in Nairobi, Kenya.
The company reported a gross written premium of KES19,689.2 million for the fiscal year ended December 2021 (FY2021), a increase of 15.9% over that in FY2020. Its net earned premium was KES13,939 million in FY2021, a increase of 5.5% over that in FY2020.

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.
Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • CIC Insurance Group Ltd - Key Facts
  • CIC Insurance Group Ltd - Key Employees
  • CIC Insurance Group Ltd - Key Employee Biographies
  • CIC Insurance Group Ltd - Major Products and Services
  • CIC Insurance Group Ltd - History
  • CIC Insurance Group Ltd - Company Statement
  • CIC Insurance Group Ltd - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries
Section 2 - Company Analysis
  • Company Overview
  • CIC Insurance Group Ltd - Business Description
  • Business Segment: Asset Management
  • Overview
  • Key Stats
  • Business Segment: General Insurance Business
  • Overview
  • Performance
  • Business Segment: Life Assurance Business
  • Overview
  • Performance
  • Business Segment: Others
  • Overview
  • Performance
  • Geographical Segment: Kenya
  • Performance
  • Geographical Segment: Malawi
  • Performance
  • Geographical Segment: Sudan
  • Performance
  • Geographical Segment: Uganda
  • Performance
  • CIC Insurance Group Ltd - SWOT Analysis
  • SWOT Analysis - Overview
  • CIC Insurance Group Ltd - Strengths
  • CIC Insurance Group Ltd - Weaknesses
  • CIC Insurance Group Ltd - Opportunities
  • CIC Insurance Group Ltd - Threats
  • CIC Insurance Group Ltd - Key Competitors
Section 3 - Company Financial Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
  • CIC Insurance Group Ltd, Recent Deals Summary
Section 4 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Publisher
  • Contact the Publisher
  • Disclaimer
List of Tables
  • CIC Insurance Group Ltd, Key Facts
  • CIC Insurance Group Ltd, Key Employees
  • CIC Insurance Group Ltd, Key Employee Biographies
  • CIC Insurance Group Ltd, Major Products and Services
  • CIC Insurance Group Ltd, History
  • CIC Insurance Group Ltd, Other Locations
  • CIC Insurance Group Ltd, Subsidiaries
  • CIC Insurance Group Ltd, Key Competitors
  • CIC Insurance Group Ltd, Annual Ratios
  • CIC Insurance Group Ltd, Interim Ratios
  • CIC Insurance Group Ltd, Recent Deals Summary
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • CIC Insurance Group Ltd, Performance Chart (2017 - 2021)
  • CIC Insurance Group Ltd, Ratio Charts

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Jubilee Insurance Company of Kenya Ltd
  • GA Insurance Ltd
  • Britam Holdings Plc
  • AIG Kenya Insurance Co Ltd
  • AAR Insurance Kenya Ltd