CIC Insurance Group (CIC.ke) listed on the Nairobi Securities Exchange under the Insurance sector has released it’s 2014 abridged results.For more information about CIC Insurance Group (CIC.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the CIC Insurance Group (CIC.ke) company page on AfricanFinancials.Document: CIC Insurance Group (CIC.ke) 2014 abridged results.Company ProfileCIC Insurance Group is a leading insurance company offering products and services for general and life insurance through operations in Kenya, Sudan and Uganda. The company also provides solutions for fund and asset management and private equity investment. Its product offering covers needs relating to motor, marine, agriculture, personal accident, school products, customised products, travel, domestic package, property, theft, fire and consequential loss and sports injury insurance. Its life assurance division covers areas ranging from group life and keyman plans to family protection, loan guard insurance, pension, board member and universal endowment plans. CIC Insurance Group has expertise in corporate, family, health and asset management as well as equity, balanced, fixed income and money market fun management. The company invests in equity and government securities, properties and loans and serves retail and corporate entities. Founded in 1968 and formerly known as The Co-Operative Insurance Company of Kenya, the company changed its name to CIC Insurance Group in 2010. Its head office is in Nairobi, Kenya. CIC Insurance Group is listed on the Nairobi Securities Exchange
provincial finance in comprehensive agricultural development projects, through the establishment of farmers’ professional cooperatives and leading enterprises innovation industry close profit mechanism, focus on the development of regional industries, strengthen the industry support the development of modern agriculture. In the past three years, the provincial finance supporting leading enterprises project development pilot industry 6, pilot projects to support the development of "one county, one special industry 12, 33 farmer cooperatives or holding farmers association to participate in the ownership, drive more farmers to benefit.
day before the reporter learned from the Provincial Department of finance, the Provincial Department of finance to the industrial development and the "one county, a special industrial development pilot work leading enterprises from 2013, to encourage farmers’ professional cooperatives and Farmers Association on behalf of the farmers in the leading enterprises holdings, holdings of financial funds accounted for 30% of the total project funds, the holding period of 5 year (Provisional), after the expiration of the period according to the national policy requirements and the two sides will make further adjustments, while equity and dividend quantifies every farmer cooperatives and related farmers. According to the practice of three years, establishing the benefit mechanism of leading enterprises and farmers’ professional cooperatives in the industry, effectively enhance the local characteristic advantage industry development scale and industrialization level, accelerate the formation of a county a special agricultural industrial pattern at the same time, to allow more farmers to share the processing and sales of value-added income.