Description: NICO General is the leading short-term insurer in Malawi with a market share of approximately 35% and a gross written premium figure of MK20 billion for the year ended December 2020. NICO General Insurance Company Limited was formed as a short-term division of the National Insurance Company Limited (now NICO Holdings Plc), which was incorporated as a composite insurance company in 1971. NICO General was restructured to a stand-alone general insurance company in 2002. NICO General is 51% owned by NICO Holdin