NIC Holdings has been selling insurance in Uganda since 1964. It is one of the oldest names on the Uganda Securities Exchange, and its story is now about whether a small, steady insurer can keep up as the market around it grows. Full nameNIC Holdings Limited Ticker / exchangeNIC.USE / Uganda Securities Exchange HeadquartersKampala, Uganda SectorInsurance Founded1964 EmployeesNot published in available sources Market valueNot published in available sources Yearly sales (insurance revenue, 2024)USh 33.405 billion (US$8.27 million) Net profit (2024)USh 487.8 million (US$120,800) Net margin (our calculation)1.5% Return on equity …
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