Botswana Insurance Holdings Limited (BIHL Group) is an investment,

retirement Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ...

, and

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

group that maintains its headquarters in

Botswana Botswana (, ), officially the Republic of Botswana ( tn, Lefatshe la Botswana, label= Setswana, ), is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory being the Kalaha ...

and operates through three subsidiaries and holds a stake in a number of associate companies. BIHL Group was established in 1975 and has been listed on the

Botswana Stock Exchange The Botswana Stock Exchange (BSE) is a stock exchange located in Gaborone, Botswana. The Botswana share market was established in 1989 and became the Botswana Stock Exchange in 1994. It is governed by thBotswana Stock Exchange Act The BSE has 36 ...

since 1991.

Subsidiaries and investments

The companies that compose the BIHL include, but are not limited, to the following: # Botswana Life Insurance Limited – Gaborone, Botswana – 100% Shareholding – A long term insurance service provider in Botswana. # Botswana Insurance Fund Management Limited (BIFM) – Gaborone, Botswana – 100% Shareholding – A pension fund manager in Botswana. # Botswana Insurance Company Limited – Gaborone, Botswana – 50% Shareholding – A short term insurance provider in Botswana. # African Life Financial Services – Lusaka, Zambia – 49% Shareholding – The company is involved in the provision of asset management and employee benefits administration. It is ranked as Zambia's largest private investment managers. # Funeral Services Group – Gaborone, Botswana – 37.59% Shareholding – This is a funeral services provider. The company, through its subsidiaries in Botswana, South Africa, Zambia and Zimbabwe, engages in the manufacturing and retail of coffins and caskets, provision of funeral related services and provision of funeral insurance. # Letshego Holdings Limited – Gaborone, Botswana – 28.05% Shareholding – A microfinance

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

operating in

, Eswatini, Ghana, Kenya, Mozambique,

Namibia Namibia (, ), officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and ea ...

, Nigeria, Rwanda,

Uganda }), is a landlocked country in East Africa. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The sou ...

and

Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands ...

. The company is listed on the

. # Nico Holdings Plc –

Blantyre Blantyre () is Malawi's centre of finance and commerce, and its second largest city, with an enumerated 800,264 inhabitants . It is sometimes referred to as the commercial and industrial capital of Malawi as opposed to the political capital, L ...

, Malawi – 25.10% Shareholding – The group operates insurance and investments businesses in Malawi, Tanzania, Uganda, Zambia and Mozambique, as well as a banking business through

NBS Bank NBS Bank Limited, commonly referred to as NBS Bank, is a commercial bank in Malawi. It is licensed as a commercial bank, by the Reserve Bank of Malawi, central bank and national banking regulator. Location The head office and man branch of NBS ...

. The company is listed on the

Malawi Stock Exchange The Malawi Stock Exchange (the MSE) is a stock market, with three licensed brokers is based in Blantyre, Malawi. Overview The Malawi Stock Exchange was inaugurated in March 1995 and opened for business for the first time on 11 November 1996, un ...

Ownership

The shares of the stock of BIHL are traded on the

BSE BSE may refer to: Medicine * Bovine spongiform encephalopathy, also known as mad cow disease, a neurodegenerative disease of cattle * Breast self-examination Stock exchanges * Bahrain Stock Exchange, Bahrain * Baku Stock Exchange, Azerbaijan * B ...

, under the symbol: BIHL. , shareholding in the group's stock was as depicted in the table below:

References

{{reflist, colwidth=30em Conglomerate companies of Botswana Financial services companies established in 1975 1975 establishments in Botswana Companies listed on the Botswana Stock Exchange Financial services companies of Botswana Botswana companies

Subsidiaries and investments

Ownership

See also

References