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Nico Holdings Plc (Malawi)

Main Activities: Direct Life Insurance Carriers
Secondary Activities: Direct Property and Casualty Insurance Carriers
Full name: Nico Holdings Plc Profile Updated: January 15, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Nico Holdings Plc is a company in Malawi, with a head office in Blantyre. The company operates in the Direct Life Insurance Carriers sector. The company was established on April 08, 1965. 1,284 (2024) employees currently work for Nico Holdings Plc. From the latest financial highlights, Nico Holdings Plc reported a net sales revenue increase of 26.96% in Q2C2025. Its’ total assets recorded a growth of 57.12%.

Headquarters
19 Glyn Jones Road, Chibisa House, P O Box 501
Blantyre; Southern Region;

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Website: http://www.nicomw.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 08, 1965
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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46.37%
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27.91%
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25.1%
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0.62%
Subsidiaries
Group Fabricators Manufacturers Limited
100%
Nico Asset Managers Limited
100%
Nico Capital Limited
100%
Company Performance
Financial values in the chart are available after Nico Holdings Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MWK. Absolute financial data is included in the purchased report.
Net Insurance Premium Revenue
26.96%▲
Operating Profit
97.87%▲
Net Profit/Loss for the Period
153.45%▲
Total Assets
57.12%▲
Investments
74.91%▲
Total Equity
86.16%▲
Net Premiums Earned Trend
-2.69%▼
Net Profit Trend
80.18%▲
Return on Equity (ROE)
8.96%▲
Loss Ratio
3.44%▲
Underwriting Expenses Ratio
133.25%▲

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