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NICO Holdings (MSW:NICO) Future Policy Benefits : MWK0 Mil (As of Dec. 2022)


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What is NICO Holdings Future Policy Benefits?

Future Policy Benefits represents an insurance entity's net liability for future benefits (for example, death, cash surrender value) to be paid to or on behalf of policyholders, where the accounting policy describes the bases, methodologies and components of the reserve, and assumptions regarding estimates of expected investment yields, mortality, morbidity, terminations and expenses.

NICO Holdings Future Policy Benefits Historical Data

The historical data trend for NICO Holdings's Future Policy Benefits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NICO Holdings Future Policy Benefits Chart

NICO Holdings Annual Data
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NICO Holdings Semi-Annual Data
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NICO Holdings Future Policy Benefits Calculation

Future Policy Benefits

NICO Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NICO Holdings PLC (MSW:NICO) » Definitions » Future Policy Benefits
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Address
Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI
Website
https://www.nicomw.com
NICO Holdings PLC is a Malawi based financial service company that operates in diversified business. The company operates in segments including Life Insurance and Pension, General Insurance, Banking, Investment Holding, Asset Management and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, and road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accident throughout Malawi, Zambia, Tanzania, and Uganda. While life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. Majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments are only operated in Malawi.

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