Insurers.global

Malawi · Southern Africa

NICO Life Insurance

Profile highlights

6 badges
  • Group spans 1 directory continent

    NICO Holdings: 1 markets across 1 directory continents (Asia-Pacific is one directory region). Group membership does not establish this entity’s policy availability.

  • Part of a group

    Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.

  • Life

    Based on this profile’s recorded business data. Not an endorsement or a financial-strength rating.

  • Domestic private

    Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.

  • Part of a listed group

    Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.

  • Listed in Africa

    Based on this profile’s recorded location data. Not an endorsement or a financial-strength rating.

Badge criteria
LLifeDomestic privateGroup listedMSE: NICOVerified against the regulator register

Official sources

RBM regulator profile

This directory holds no official website for NICO Life Insurance: the RBM register does not publish one and no sourced profile has been accepted. The register is the authoritative record of who is licensed.

Business profile

Understanding NICO Life Insurance

Sources checked

Savings and group protection

NICO Life’s catalogue includes Cash Plus, Child Saver, Savings Protection and Tilinanu Funeral policies. It also lists group funeral, mortgage and credit life cover and annuities, with a customer-care email, call centre and WhatsApp channel for Malawi enquiries.

NICO Life — products and customer care

About life business

Life assurance can provide a benefit on death or other insured events. Some contracts also include savings or retirement benefits. A life classification alone does not establish which of these products this insurer offers.

General guidance for the directory category. Specific products and terms must be confirmed with NICO Life Insurance.

Explore the Malawi insurance market or other entries in this category.

Questions to ask about cover

  • Which insured events trigger payment and who receives the benefit?
  • Are premiums and benefits fixed, reviewable or linked to investments?
  • What happens if I miss a premium or end the policy early?

For an existing policy, use the insurer and service contact named on your policy schedule. Have your policy reference and a short description of the enquiry ready.

At a glance

NICO Holdings listed on
Malawi Stock ExchangeNICO
Class of business
LifeLong-term life assurance, annuities, pensions and savings products.
Parent / group
NICO Holdings
Ownership
Domestic privateOwned by domestic private shareholders with no cross-border parent.
Regulator
Reserve Bank of Malawi (Pensions and Insurance Supervision) (RBM)rbm.mw
Local currency
MWK
Source basis
Reserve Bank of Malawi, Pensions and Insurance Supervision, "Register of Licensed Entities" (web page, undated, retrieved 22 Sep 2026): 8 general insurers, 6 life insurers, 1 reinsurer
Country verification
Verified - full register · Reserve Bank of Malawi, Pensions and Insurance Supervision, "Register of Licensed Entities" (web page, undated, retrieved 22 Sep 2026): 8 general insurers, 6 life insurers, 1 reinsurer
Identifiers
slug malawi-nico-life-insurance · row 602/api/v1/insurers/malawi-nico-life-insurance.json