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%).

Employees

1,476

Sector

Life & Health Insurance

More about the company

Quotes

Date	Price	Change	Volume
04/09/26	MWK 1,342.00	0.00%	174
03/09/26	MWK 1,342.00	-0.02%	2,411
02/09/26	MWK 1,342.28	-0.01%	14,006

End-of-day quote Malawi S.E.

More quotes

End-of-day quote Malawi S.E. 04/09/2026			5-day change	1st Jan Change
1,342.00 ^MWK	0.00%		-0.03%	-22.72%

09-04	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2026	CI
04-08	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2025	CI

Market Cap	1,400B 807M 694M 653M 596M 1.11B 76.36B 1.12B 7.74B 2.99B 39.1B 3.03B 2.97B 125B	P/E 2024	6.07x	P/E 2025	10.8x
Enterprise Value	1,323B 763M 656M 617M 564M 1.05B 72.18B 1.06B 7.32B 2.83B 36.96B 2.87B 2.8B 118B	EV / Sales 2024	0.72x	EV / Sales 2025	1.96x
Free-Float	46.37%	Yield 2024	4.77%	Yield 2025	2.3%

09-04	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2026	CI
04-08	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2025	CI
09/09/25	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2025	CI
26/06/25	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2024	CI
23/09/24	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2024	CI
02/07/24	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2023	CI
17/05/23	NICO Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2022	CI
02/09/22	NICO Holdings plc Reports Earnings Results for the Half Year Ended June 30, 2022	CI
12/08/20	Nico Holdings plc Reports Earnings Results for the Full Year Ended December 31, 2019	CI
19/06/18	NICO Holdings plc acquired an additional 4.25% stake in NBS Bank Plc from International Finance Corporation.	CI
18/02/15	Sanlam Emerging Markets Limited acquired 51% stake in Nico Mozambique Vida from NICO Holdings Limited.	CI
01/04/14	Sanlam Emerging Markets Limited completed the acquisition of minority stake in NICO General Insurance Company Limited and NICO Insurance Zambia Limited and NIKO insurance Uganda Limited and NIKO Insurance Tanzania Limited from NICO Holdings Limited.	CI
27/01/14	Sanlam Emerging Markets Limited agreed to acquire minority 49% stake in NICO General Insurance Company Limited and 49% stake in NICO Insurance Zambia Limited and 48.4% stake in NIKO insurance Uganda Limited and 32.67% stake in NIKO Insurance Tanzania Limited from NICO Holdings Limited	CI

11-03	Malawi Stock Exchange Is Africa's Top Performer After 76 Percent Q3 Rise	AQ
25/03/25	Nico Advocates Saving, Investment Culture	AQ
30/12/24	Corporate Sector Performance in 2024 Shows Malawi's Economy Is Steadily Improving	AQ
09/09/22	K40 Million Boost to Chakwera Charity Golf Initiative	AQ
27/01/21	NBS Bank : Nico General, NBS Bank Introduce Insurance Premium Financing	AQ

NICO Holdings plc Stock

Stocks

NICO

MWNICO010014

Life & Health Insurance

Valuation : NICO Holdings plc

Chart: NICO Holdings plc

Latest news : NICO Holdings plc

Press Releases : NICO Holdings plc

Quotes and Performance

Price Extremes

Managers and Directors : NICO Holdings plc

Other Life & Health Insurance

Financials

Company Profile

Quotes

1 week	-0.03%
Current month	-0.03%
1 month	-0.21%
3 months	-17.45%
6 months	-20.61%
Current year	-22.72%

1 week	1,342	1,342.35
1 month	1,342	1,344.85
Current year	1,342	1,737.96
1 year	1,342	1,740.02
3 years	149.84	1,740.02
5 years	46.73	1,740.02
10 years	10	1,740.02

Manager	Title	Age	Since
Vizenge Kumwenda CEO	Chief Executive Officer	64	31/01/2016
Louis Sibande DFI	Director of Finance/CFO	52	01/03/2020
Cyril Maseya CTO	Chief Tech/Sci/R&D Officer	-	-

Director	Title	Age	Since
Sangwani Hara BRD	Director/Board Member	-	01/06/2010
Vizenge Kumwenda BRD	Director/Board Member	64	01/01/2005
Robert Scharar BRD	Director/Board Member	76	-

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
NICO HOLDINGS PLC	0.00%	-0.03%	-22.87%	+723.36%	807M
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	-3.23%	+0.97%	-2.66%	+12.23%	143B
AXA	-0.79%	+0.23%	+10.19%	+58.13%	104B
AIA GROUP LIMITED	-0.13%	+1.38%	+5.48%	+16.14%	101B
GENERALI	-0.16%	+1.34%	+35.65%	+134.21%	78.73B
MANULIFE FINANCIAL CORPORATION	-0.13%	+4.34%	+44.40%	+142.45%	73.7B
METLIFE, INC.	-1.62%	+2.57%	+22.78%	+55.52%	62.04B
GREAT-WEST LIFECO INC.	+1.28%	+3.91%	+70.89%	+133.99%	60.02B
AFLAC INCORPORATED	-0.97%	+1.17%	+9.61%	+57.01%	58.76B
CATHAY FINANCIAL HOLDING CO., LTD.	-0.43%	+3.62%	+77.24%	+150.55%	53.23B
Average	-0.62%	+1.28%	+25.07%	+148.36%	73.54B
Weighted average by Cap.	-0.93%	+1.13%	+23.98%	+73.32%

	2024	2025
Net sales	505B 291M 250M 235M 215M 402M 27.53B 403M 2.79B 1.08B 14.1B 1.09B 1.07B 44.91B	886B 511M 440M 413M 377M 706M 48.34B 708M 4.9B 1.89B 24.75B 1.92B 1.88B 78.84B
Net income	72.01B 41.54M 35.72M 33.6M 30.67M 57.36M 3.93B 57.54M 398M 154M 2.01B 156M 153M 6.41B	168B 96.81M 83.25M 78.3M 71.48M 134M 9.16B 134M 928M 359M 4.69B 364M 356M 14.93B
Net Debt	-73.49B -42.39M -36.45M -34.29M -31.3M -58.54M -4.01B -58.73M -407M -157M -2.05B -159M -156M -6.54B	-76.66B -44.22M -38.03M -35.76M -32.65M -61.06M -4.18B -61.26M -424M -164M -2.14B -166M -162M -6.82B