Company NICO Holdings plc

Equities

NICO

MWNICO010014

Life & Health Insurance

End-of-day quote Malawi S.E. 03:30:00 16/07/2024 am IST 5-day change 1st Jan Change
199.3 MWK -0.01% Intraday chart for NICO Holdings plc -0.03% +32.49%

Business Summary

NICO Holdings Plc is one of the African largest financial services groups. Revenues (including intragroup) break down by activity as follows:

- life insurance and pension funds management (46.9%);

- banking services (23.8%);

- non-life insurance (18.4%);

- asset management (6.1%);

- investment holding (3.9%);

- other (0.9%): primarily IT services.

Revenues break down geographically as follows: Malawi (92.7%) and Zambia (7.3%).

Number of employees: 1,225

Sales per Business

MWK in Million2021Weight2022Weight Delta
Long Term Insurance & Pension
44.1 %
119,422 50.7 % 134,104 44.1 % +12.29%
Banking
30.0 %
60,625 25.7 % 91,390 30.0 % +50.75%
Short Term Insurance
19.7 %
46,901 19.9 % 60,064 19.7 % +28.07%
Asset Management
7.7 %
15,569 6.6 % 23,286 7.7 % +49.57%
Eliminated on Consolidation
-6.2 %
-19,102 -8.1 % -18,792 -6.2 % -1.62%
Investment
3.8 %
10,032 4.3 % 11,421 3.8 % +13.85%
Information Technology
1.0 %
2,082 0.9 % 2,896 1.0 % +39.06%

Sales per region

MWK in Million2021Weight2022Weight Delta
Malawi
96.3 %
240,737 100.1 % 293,206 96.3 % +21.80%
Zambia
9.8 %
18,895 7.9 % 29,955 9.8 % +58.53%
Eliminated
-6.2 %
-19,102 -7.9 % -18,792 -6.2 % -1.62%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 01/05/01
Director of Finance/CFO 50 -
Compliance Officer - -
Chief Operating Officer 60 01/95/01
Human Resources Officer - -
Corporate Officer/Principal - 01/19/01
- -
Sales & Marketing - 01/18/01
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 74 -
Director/Board Member 65 28/18/28
Chairman 48 16/16/16
Director/Board Member 78 -
Chief Executive Officer 62 01/05/01
Director/Board Member 57 16/16/16
Director of Finance/CFO 50 -
Director/Board Member - 26/20/26
Director/Board Member - 26/20/26
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,043,041,000 1,032,610,590 ( 99.00 %) 0 99.00 %

Shareholders

NameEquities%Valuation
291,112,768 27.91 % 33 M MWK
261,803,313 25.10 % 30 M MWK
Nico Holdings Ltd. Esp
1.100 %
11,473,452 1.100 % 1 M MWK

Holdings

NameEquities%Valuation
3,941,200,000 59.00% 36,337,864 $
565,277,337 5.63% 5,234,468 $

Company contact information

NICO Holdings Plc

Chibisa House 19 Glyn Jones Road

, Blantyre

+

http://www.nicomw.com
address NICO Holdings plc(NICO)
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