Profit before tax climbed to KSh 1.56 billion, reflecting a 30.2 percent increase that was largely supported by high-performing investment portfolios and asset management fees. This surge in profitability highlights a pivotal shift for the CIC Insurance Group as it navigates a dynamic financial
The Natrium system features a 345 MWe sodium-cooled fast reactor paired with molten salt-based energy storage to provide flexible power for the modern electrical grid. As the global push for decarbonization accelerates, the focus has shifted toward these advanced nuclear technologies that offer
The involvement of two distinct sovereign wealth funds from Malaysia and Japan underscores a rare level of institutional confidence in PolicyStreet’s embedded insurance model. This significant backing follows the recent announcement of a Series C funding round that successfully raised US$21 million
A legacy family printing firm’s collapse serves as a cautionary tale regarding the tax consequences of using life insurance policies to provide emergency business capital. In the legal dispute of Jonathan D. Sawyer v. Commissioner of Internal Revenue, the Tax Court examined the complex tax
Cincinnati Financial’s projected slowdown in profitability relative to historical performance serves as a warning for those seeking high-yield opportunities in insurance. As we navigate the complexities of 2026, the sector has entered a phase where simple top-line growth is no longer sufficient to
The global private equity sector currently faces a watershed moment where the trillion-dollar assets it manages are less protected by digital encryption than they are by the split-second decisions of its employees. Apollo Global Management, a titan of the alternative asset market, recently
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