NIC Holdings Ltd

NIC.UG – UGANDA SECURITIES EXCHANGE

Business Description

Uganda Multiline Insurance & Brokers Financials

NIC Holdings Limited is engaged in the provision of general and long-term insurance services and related activities. The Company operates through two segments: General Business and Long-Term Business. The General Business segment offers non-life insurance to individual customers and businesses throughout Uganda. The categories under this segment include fire, aviation and marine, accident and motor. The Long-Term Business segment offers life insurance products to individual customers and businesses throughout Uganda. The categories under this segment include life individual, life group, deposit administration and managed funds. Its general insurance products include marine cargo, employer's liability, bonds, motor, comprehensive, computer and electronics, fire and allied perils, all risks insurance, theft/burglary, and travel insurance, and others. Its life assurance products include employee's insurance, plan mortgage plus, microfinance care plan, and varsity sure, and others.

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