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NICO Holdings (MSW:NICO) Receipts from Government Grants


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What is NICO Holdings Receipts from Government Grants?

Receipts from Government Grants does not apply to banks and insurance companies.


NICO Holdings Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI
NICO Holdings PLC is a Malawi-based financial service company that operates in diversified business. Its segments include Life Insurance and Pension, General Insurance business, Banking business, Investment Holding, Asset Management, and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accidents throughout Malawi, Zambia, Tanzania, and Uganda. In contrast, life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. The majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments only operate in Malawi.