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Originally published by The Standard Business
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February 11, 2026
1w ago

Naivas receives Sh134 million insurance payout for protest losses

Naivas receives Sh134 million insurance payout for protest losses

Naivas Supermarket has received compensation of Sh134 million from CIC Insurance Group for its properties damaged during the Gen Z protests on June 25, 2025...

✨ Key Highlights

Naivas Supermarket has received a Sh134 million insurance payout from CIC Insurance Group to cover damages incurred during the June 25, 2025 "Gen Z" protests. This compensation, under a Political Violence and Terrorism (PVT) policy, primarily addresses losses at its Nyeri, Mountain Mall (Nairobi), and Naivasha branches.

  • CIC Insurance Group has paid Naivas a total of Sh392 million in compensation over the past 12 years, with Sh300 million paid in the last two years due to protests.
  • Group CEO, Andreas Von Paleske, highlighted the supermarket's reliance on strong insurance partners for risk management.
  • The insurer earlier paid Sh170 million to Naivas for damages sustained during the 2024 Gen Z protests.

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