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NICO Holdings' headquarters are in Blantyre, Malawi, with operating presence in six African countries i.e. Malawi, Zambia, Tanzania, Uganda, Mozambique and Zimbabwe. [2] The group offers a wide range of financial products and services which include: asset management, life assurance, retirement planning, general insurance, health insurance, banking, information technology and property management.
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Real Insurance Company of Malawi started operating in 1959 as Royal Insurance Company of Malawi, as a branch of UK based Royal Insurance. Following the merger of Royal Insurance and Sun Alliance in 1996, [3] the business became part of the RSA Insurance Group. In 2000, the RSA Insurance Group decided to reorganize its African business.
Britam General Insurance Company (Kenya) Limited – Nairobi, Kenya – 100% Shareholding – Offering General Insurance and Holding Company for Tanzania, Malawi and Mozambique subsidiaries. Real Insurance Company is the oldest member having been founded in 1910 as a subsidiary of Royal Insurance, now part of RSA Insurance Group.
Air Malawi: Consumer Services Airlines Lilongwe: 1964 Airline, defunct 2013 P D Britam: Insurance Full line insurance Blantyre: 1959 Insurance P A Capital Radio Malawi: Consumer services Broadcasting & entertainment Lilongwe: 1999 Radio P A CDH Investment Bank: Financials Banks Blantyre: 1998 Bank P A Electricity Supply Commission of Malawi ...
In 1999, the company was changed to the Co-operative Insurance Company of Kenya Limited (CIC) and later to CIC Insurance Group Limited in 2010. This change was in preparation for the de-merger of its life and general business operations. [3] The Group made its debut on the Nairobi Securities Exchange (NSE) on 18 July 2012. This made it the 6th ...
ARC Ltd is a hybrid mutual insurer and financial affiliate of the African Risk Capacity Group. It was established in 2014 with a specific commercial mandate as a Bermuda Class 2 mutual insurance company with seed capital funding from UK’s Foreign, Commonwealth & Development Office (FCDO), and Germany’s KfW through BMZ. [11]
Alliance Africa General Insurance Limited [2] Britam Insurance Uganda Limited [3] CIC General Insurance Uganda Limited [4] East African Underwriters Limited [5] GoldStar Life Assurance Company Limited; NIC General Insurance Company Limited; Statewide Insurance Company Limited; The Jubilee Insurance Company of Uganda; TransAfrica Assurance Limited