One NICO Brokers Workshop: Navigating the Future Together
The NICO Group represented by NICO General, NICO Pension, and NICO Life Insurance held Broker Workshops under the theme "Navigating the Future Together", aimed at engaging with brokers and exploring the emerging risks in the Malawian insurance market. During the event, presentations were made, sharing updates on products and functionalities that can aid customers in the insurance processes....
NICO Pensions declares 14% bonus
NICO Pension has declared a 14% bonus for the year 2021 on pension funds under the Ufulu Unrestricted Fund. The return is an improvement from 2020’s 9.37% in the economy that has been affected by several issues, including disruptions cause by Covid-19 and rapidly rising inflation rate. NICO Pension General Manager, Gerald Chima, made this statement on the sidelines of the online member...
NICO supports PUSSAM training
NICO Group has donated K1,980,000.00 to Public Universities Staff Sports Association of Malawi (PUSSAM). The funds will go towards the association’s training sessions for its executive members. As a leading financial institution in Malawi, NICO Group believes in empowering its potential and existing clients to make sound financial decisions. NICO Pension Head of Operations, Mwawi Nkhonjera, said...
‘INVESTORS FAIL TO ABSORB AVAILABLE PENSION FUNDS’
NICO Pensions, one of the country’s pension funds managers, has said the country has limited investment portfolios which cannot accommodate pension funds which now stands at over K1 trillion. This was revealed during pension updates seminar in Blantyre organised by the pension funds administrator. NICO Pension General Manager Gerald Chima, the markets are not sufficient to invest in the amount...
NICO CELEBRATES GOLDEN JUBILEE THROUGH GOLF
NICO Group held a golf tournament dubbed ‘The One Executive Golf Challenge’ at Lilongwe Golf Club on Friday. The tournament, which attracted 36 prominent golfers in the country, was organized as part of Golden Jubilee celebration activities. Vice President Saulos Chilima took part in the tournament and hailed Nico Group for organising the event. “It was a good feat to celebrate...
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