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The Insurance Industry in Mauritius: Key Trends and Opportunities to 2022

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    Report

  • 158 Pages
  • October 2018
  • Region: Mauritius
  • GlobalData
  • ID: 4667090
The Insurance Industry in Mauritius: Key Trends and Opportunities to 2022

Summary

the "The Insurance Industry in Mauritius: Key Trends and Opportunities to 2022" report provides detailed analysis of the market trends, drivers and challenges in the Mauritian insurance industry.

It provides key performance indicators such as written premium and claims during the review period (2013-2017) and forecast period (2017-2022).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Mauritian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together the research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Inside this report, we look at the top themes, its predictions and identify winners and losers.

This report provides in-depth market analysis, information and insights into the Mauritian insurance industry, including -
  • The Mauritian insurance industry's growth prospects by segment and category

  • A comprehensive overview of the Mauritian economy and demographics

  • Details of the competitive landscape in the Mauritian insurance industry

  • The various distribution channels in the Mauritian insurance industry

  • Details of regulatory policy applicable to the Mauritian insurance industry

  • Analysis of natural hazards in the Mauritian insurance industry


Key Highlights
  • As of June 30, 2017, one captive insurer and six captive insurance agents were authorized to operate in Mauritius.

  • As of 2016, there were 68 Private Pension Fund Schemes offered in Mauritius, with seven licensed Pension Scheme Administrators.

  • Effective from January 2016, however, were government provisions to allow a tax holiday for a period of 10 years to pure captive insurance companies established under the Captive Insurance Act 2015.

  • In December 2016, the FSC introduced an interactive platform called OSP, which allows insurers to submit their insurance license application and upload all relevant supporting documents online.

  • On July 25, 2015, in order to regulate the pension schemes, the FSC came out with the Private Pension Schemes Rules.


Scope
  • This report provides a comprehensive analysis of the insurance industry in Mauritius.

  • It provides historical values for the Mauritian insurance industry for the report’s 2013-2017 review period, and projected figures for the 2017-2022 forecast period.

  • It offers a detailed analysis of the key segments in the Mauritian insurance industry, with market forecasts to 2022.

  • It covers an exhaustive list of parameters, including written premium and claims.

  • It analyzes the various distribution channels in Mauritius.

  • It profiles the top insurance companies in Mauritius, and outlines the key regulations affecting them.


Reasons to Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Mauritian insurance industry and each segment and category within it.

  • Understand the demand-side dynamics, key market trends and growth opportunities in the Mauritian insurance industry.

  • Assess the competitive dynamics in the Mauritian insurance industry.

  • Identify the growth opportunities and market dynamics in key segments.

  • Gain insights into key regulations governing the Mauritian insurance industry and their impact on companies and the industry's future.

Table of Contents

1 Key Facts and Highlights

2 Executive Summary

3 Economy and Demographics

4 Industry Outlook
4.1 Industry Indicators
4.1.1 Gross written premium
4.1.2 Insurance density
4.1.3 Active policies
4.1.4 Paid claims

5 Life Insurance Outlook
5.1 Segment Indicators
5.1.1 Gross written premium
5.1.2 Active policies
5.1.3 Paid claims
5.1.4 Penetration
5.1.5 Assets and investments
5.2 Pension Insurance
5.2.1 Gross written premium
5.2.2 Active policies
5.2.3 Penetration

6 General Insurance Outlook
6.1 Segment Indicators
6.1.1 Gross written premium
6.1.2 Active policies
6.1.3 Paid claims
6.1.4 Penetration
6.1.5 Loss ratio
6.1.6 Assets and investments
6.2 Property Insurance
6.2.1 Gross written premium
6.2.2 Active policies
6.2.3 Penetration
6.2.4 Claims
6.2.5 Profitability
6.3 Motor Insurance
6.3.1 Gross written premium
6.3.2 Active policies
6.3.3 Penetration
6.3.4 Claims
6.3.5 Profitability
6.4 Liability Insurance
6.4.1 Gross written premium
6.4.2 Active policies
6.4.3 Penetration
6.4.4 Claims
6.4.5 Profitability
6.5 Financial Lines Insurance
6.5.1 Gross written premium
6.5.2 Active policies
6.5.3 Penetration
6.5.4 Claims
6.5.5 Profitability
6.6 Marine, Aviation and Transit Insurance
6.6.1 Gross written premium
6.6.2 Active policies
6.6.3 Penetration
6.6.4 Claims
6.6.5 Profitability
6.7 Personal Accident and Health Insurance
6.7.1 Gross written premium
6.7.2 Active policies
6.7.3 Penetration
6.7.4 Claims
6.7.5 Profitability
6.8 Miscellaneous
6.8.1 Gross written premium
6.8.2 Active policies
6.8.3 Penetration
6.8.4 Claims
6.8.5 Profitability

7 Reinsurance Outlook
7.1 Premium Ceded

8 Distribution Channel Outlook

9 Natural and Man-Made Hazards
9.1 Flooding
9.2 Cyclones
9.3 Exposure

10 Competitive Landscape
10.1 Company Profiles
10.1.1 Sicom Life Insurance Ltd - company overview
10.1.2 Swan Life Ltd - company overview
10.1.3 Swan Insurance Co. Ltd - company overview
10.1.4 Mauritius Union Assurance Co. Ltd - company overview
10.1.5 Mauritian Eagle Insurance Co. Ltd - company overview

11 Governance, Risk and Compliance
11.1 Legislation Overview and Historical Evolution
11.2 Latest Changes in Regulation
11.3 Legislation and Market Practice by Type of Insurance
11.3.1 Life insurance
11.3.2 Property insurance
11.3.3 Motor insurance
11.3.4 Liability insurance
11.3.5 Marine, aviation and transit insurance
11.3.6 Personal accident and health insurance
11.4 Compulsory Insurance
11.4.1 Motor third party liability insurance
11.4.2 Craft third-party liability insurance
11.4.3 Workmen’s compensation
11.4.4 Marine oil pollution insurance
11.4.5 Professional indemnity insurance for brokers
11.5 Supervision and Control
11.5.1 International Association of Insurance Supervisors
11.5.2 African Insurance Organization
11.5.3 Committee of Insurance, Securities and Non-Banking Financial Authorities
11.5.4 Financial Services Commission
11.6 Non-Admitted Insurance Regulation
11.6.1 Overview
11.6.2 Intermediaries
11.6.3 Market practices
11.6.4 Fines and Penalties
11.7 Company Registration and Operations
11.7.1 Type of insurance organization
11.7.2 Establishing a local company
11.7.3 Foreign ownership
11.7.4 Types of license
11.7.5 Capital requirements
11.7.6 Solvency margin
11.7.7 Reserve requirements
11.7.8 Investment regulations
11.7.9 Statutory return requirements
11.7.10 Fee structure
11.8 Taxation
11.8.1 Insurance premium or policy taxation
11.8.2 Withholding taxes on premium paid overseas
11.8.3 Corporate tax
11.8.4 VAT
11.8.5 Captives
11.9 Legal System
11.9.1 Introduction
11.9.2 Access to court
11.9.3 Alternative dispute resolution

12 Databook
12.1 Life Insurance
12.1.1 Policies and premium
12.1.2 Claims and expenses
12.1.3 Assets and investments
12.2 General Insurance
12.2.1 Policies and premium
12.2.2 Claims and expenses
12.2.3 Assets and investments
12.2.4 Property insurance
12.2.5 Property insurance by category
12.2.6 Motor insurance
12.2.7 Liability insurance
12.2.8 Financial lines insurance
12.2.9 Marine, aviation and transit insurance
12.2.10 Marine, aviation and transit insurance by category
12.2.11 Personal accident and health insurance
12.2.12 Personal accident and health insurance by category
12.2.13 Miscellaneous

13 Definitions and Methodology
13.1 Definitions
13.2 Methodology

14 About
14.1 Contact
14.2 About
14.3 GlobalData’s Services
14.4 Disclaimer

List of Tables
Table 1: Mauritian Insurance Industry - Key Facts, 2017
Table 2: Mauritian Insurance Industry - Industry Shares of the Top Insurers, 2017
Table 3: Mauritian Government Credit Ratings
Table 4: Mauritian Insurance Industry - Gross Written Premium (MUR Billion and US$ Million), 2013-2017
Table 5: Mauritian Insurance Industry - Gross Written Premium (MUR Billion and US$ Million), 2017-2022
Table 6: Mauritian Insurance Industry - Density (MUR), 2013-2017
Table 7: Mauritian Insurance Industry - Density (MUR), 2017-2022
Table 8: Mauritian Insurance Industry - Number of Active Policies (Thousand), 2013-2017
Table 9: Mauritian Insurance Industry - Number of Active Policies (Thousand), 2017-2022
Table 10: Mauritian Insurance Industry - Paid Claims (MUR Billion and US$ Million), 2013-2017
Table 11: Mauritian Insurance Industry - Paid Claims (MUR Billion and US$ Million), 2017-2022
Table 12: Mauritian Life Insurance - Gross Written Premium (MUR Billion and US$ Billion), 2013-2017
Table 13: Mauritian Life Insurance - Gross Written Premium (MUR Billion and US$ Million), 2017-2022
Table 14: Mauritian Life Insurance - Number of Active Policies (Thousand), 2013-2017
Table 15: Mauritian Life Insurance - Number of Active Policies (Thousand), 2017-2022
Table 16: Mauritian Life Insurance - Paid Claims (MUR Billion and US$ Million), 2013-2017
Table 17: Mauritian Life Insurance - Paid Claims (MUR Billion and US$ Million), 2017-2022
Table 18: Mauritian Life Insurance - Total Assets (MUR Billion and US$ Billion), 2013-2017
Table 19: Mauritian Life Insurance - Total Assets (MUR Billion and US$ Billion), 2017-2022
Table 20: Mauritian Life Insurance - Total Investment Income (MUR Billion and US$ Million), 2013-2017
Table 21: Mauritian Life Insurance - Total Investment Income (MUR Billion and US$ Million), 2017-2022
Table 22: Mauritian Life Insurance - Investment Portfolio (MUR Billion), 2013-2017
Table 23: Mauritian Life Insurance - Investment Portfolio (MUR Billion), 2017-2022
Table 24: Mauritian Pension - Gross Written Premium (MUR Billion and US$ Million), 2013-2017
Table 25: Mauritian Pension - Gross Written Premium (MUR Billion and US$ Million), 2017-2022
Table 26: Mauritian Pension - Number of Active Policies (Thousand), 2013-2017
Table 27: Mauritian Pension - Number of Active Policies (Thousand), 2017-2022
Table 28: Mauritian General Insurance - Gross Written Premium (MUR Billion and US$ Billion), 2013-2017
Table 29: Mauritian General Insurance - Gross Written Premium (MUR Billion and US$ Million), 2017-2022
Table 30: Mauritian General Insurance - Number of Active Policies (Thousand), 2013-2017
Table 31: Mauritian General Insurance - Number of Active Policies (Thousand), 2017-2022
Table 32: Mauritian General Insurance - Paid Claims (MUR Billion and US$ Million), 2013-2017
Table 33: Mauritian General Insurance - Paid Claims (MUR Billion and US$ Million), 2017-2022
Table 34: Mauritian General Insurance - Total Assets (MUR Billion and US$ Million), 2013-2017
Table 35: Mauritian General Insurance - Total Assets (MUR Billion and US$ Million), 2017-2022
Table 36: Mauritian General Insurance - Total Investment Income (MUR Billion and US$ Billion), 2013-2017
Table 37: Mauritian General Insurance - Total Investment Income (MUR Billion and US$ Billion), 2017-2022
Table 38: Mauritian General Insurance - Investment Portfolio (MUR Billion), 2013-2017
Table 39: Mauritian General Insurance - Investment Portfolio (MUR Billion), 2017-2022
Table 40: Mauritian Property Insurance - Gross Written Premium (MUR Billion and US$ Million), 2013-2017
Table 41: Mauritian Property Insurance - Gross Written Premium (MUR Billion and US$ Million), 2017-2022
Table 42: Mauritian Property Insurance - Number of Active Policies (Thousand), 2013-2017
Table 43: Mauritian Property Insurance - Number of Active Policies (Thousand), 2017-2022
Table 44: Mauritian Property Insurance - Paid Claims (MUR Million and US$ Million), 2013-2017
Table 45: Mauritian Property Insurance - Paid Claims (MUR Million and US$ Million), 2017-2022
Table 46: Mauritian Property Insurance - Loss Ratio (%), 2013-2017
Table 47: Mauritian Property Insurance - Loss Ratio (%), 2017-2022
Table 48: Mauritian Motor Insurance - Gross Written Premium (MUR Billion and US$ Million), 2013-2017
Table 49: Mauritian Motor Insurance - Gross Written Premium (MUR Billion and US$ Million), 2017-2022
Table 50: Mauritian Motor Insurance - Number of Active Policies (Thousand), 2013-2017
Table 51: Mauritian Motor Insurance - Number of Active Policies (Thousand), 2017-2022
Table 52: Mauritian Motor Insurance - Paid Claims (MUR Billion and US$ Million),2013-2017
Table 53: Mauritian Motor Insurance - Paid Claims (MUR Billion and US$ Million), 2017-2022
Table 54: Mauritian Motor Insurance - Loss Ratio (%), 2013-2017
Table 55: Mauritian Motor Insurance - Loss Ratio (%), 2017-2022
Table 56: Mauritian Liability Insurance - Gross Written Premium (MUR Million and US$ Million), 2013-2017
Table 57: Mauritian Liability Insurance - Gross Written Premium (MUR Million and US$ Million), 2017-2022
Table 58: Mauritian Liability Insurance - Number of Active Policies (Thousand), 2013-2017
Table 59: Mauritian Liability Insurance - Number of Active Policies (Thousand), 2017-2022
Table 60: Mauritian Liability Insurance - Paid Claims (MUR Million and US$ Million),2013-2017
Table 61: Mauritian Liability Insurance - Paid Claims (MUR Million and US$ Million), 2017-2022
Table 62: Mauritian Liability Insurance - Loss Ratio (%), 2013-2017
Table 63: Mauritian Liability Insurance - Loss Ratio (%), 2017-2022
Table 64: Mauritian Financial Lines Insurance - Gross Written Premium (MUR Million and US$ Million), 2013-2017
Table 65: Mauritian Financial Lines Insurance - Gross Written Premium (MUR Million and US$ Million), 2017-2022
Table 66: Mauritian Financial Lines Insurance - Number of Active Policies (Thousand), 2013-2017
Table 67: Mauritian Financial Lines Insurance - Number of Active Policies (Thousand), 2017-2022
Table 68: Mauritian Financial Lines Insurance - Paid Claims (MUR Million and US$),2013-2017
Table 69: Mauritian Financial Lines Insurance - Paid Claims (MUR Million and US$), 2017-2022
Table 70: Mauritian Financial Lines Insurance - Loss Ratio (%), 2013-2017
Table 71: Mauritian Financial Lines Insurance - Loss Ratio (%), 2017-2022
Table 72: Mauritian Marine, Aviation and Transit Insurance - Gross Written Premium (MUR Million and US$ Million), 2013-2017
Table 73: Mauritian Marine, Aviation and Transit Insurance - Gross Written Premium (MUR Million and US$ Million), 2017-2022
Table 74: Mauritian Marine, Aviation and Transit Insurance - Number of Active Policies (Thousand), 2013-2017
Table 75: Mauritian Marine, Aviation and Transit Insurance - Number of Active Policies (Thousand), 2017-2022
Table 76: Mauritian Marine, Aviation and Transit Insurance - Paid Claims (MUR Million and US$ Million),2013-2017
Table 77: Mauritian Marine, Aviation and Transit Insurance - Paid Claims (MUR Million and US$ Million), 2017-2022
Table 78: Mauritian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2013-2017
Table 79: Mauritian Marine, Aviation and Transit Insurance - Loss Ratio (%), 2017-2022
Table 80: Mauritian Personal Accident and Health Insurance - Gross Written Premium (MUR Billion and US$ Million), 2013-2017
Table 81: Mauritian Personal Accident and Health Insurance - Gross Written Premium (MUR Billion and US$ Million), 2017-2022
Table 82: Mauritian Personal Accident and Health Insurance - Number of Active Policies (Thousand), 2013-2017
Table 83: Mauritian Personal Accident and Health Insurance - Number of Active Policies (Thousand), 2017-2022
Table 84: Mauritian Personal Accident and Health Insurance - Paid Claims (MUR Billion and US$ Billion),2013-2017
Table 85: Mauritian Personal Accident and Health Insurance - Paid Claims (MUR Billion and US$ Billion), 2017-2022
Table 86: Mauritian Personal Accident and Health Insurance - Loss Ratio (%), 2013-2017
Table 87: Mauritian Personal Accident and Health Insurance - Loss Ratio (%), 2017-2022
Table 88: Mauritian Miscellaneous - Gross Written Premium (MUR Million and US$ million), 2013-2017
Table 89: Mauritian Miscellaneous - Gross Written Premium (MUR Million and US$ Million), 2017-2022
Table 90: Mauritian Miscellaneous - Number of Active Policies (Thousand), 2013-2017
Table 91: Mauritian Miscellaneous - Number of Active Policies (Thousand), 2017-2022
Table 92: Mauritian Miscellaneous - Paid Claims (MUR Million and US$ Million),2013-2017
Table 93: Mauritian Miscellaneous - Paid Claims (MUR Million and US$ Million), 2017-2022
Table 94: Mauritian Miscellaneous - Loss Ratio (%), 2013-2017
Table 95: Mauritian Miscellaneous - Loss Ratio (%), 2017-2022
Table 96: Mauritian Reinsurance - Premium Ceded by Insurance Segment (MUR Billion), 2013-2017
Table 97: Mauritian Reinsurance - Premium Ceded by Insurance Segment (MUR Billion), 2017-2022
Table 98: Mauritian Insurance Industry - Market Share of Leading Insurers (%), 2017
Table 99: Mauritian Life Insurance Segment - Market Share of Leading Insurers (%), 2017
Table 100: Mauritian General Insurance Segment - Market Share of Leading Insurers (%), 2017
Table 101: Sicom Life Insurance Ltd - Key Facts
Table 102: Swan Life Ltd - Key Facts
Table 103: Swan Insurance Co. Ltd - Key Facts
Table 104: Mauritius Union Assurance Co. Ltd - Key Facts
Table 105: Mauritian Eagle Insurance Co. Ltd - Key Facts
Table 106: Mauritius - Insurance Regulatory Framework Key Features
Table 107: Mauritius - Life Insurance Regulatory Framework
Table 108: Mauritius - Property Insurance Regulatory Framework
Table 109: Mauritius - Motor Insurance Regulatory Framework
Table 110: Mauritius - Contribution to Hit and Run Sub-fund
Table 111: Mauritius - Liability Insurance Regulatory Framework
Table 112: Mauritius - Capital Requirement for Captive Insurance Companies
Table 113: Mauritius - Fee for Carrying on Insurance Business
Table 114: Mauritius - Fee for Insurance Intermediaries
Table 115: Mauritius - Corporate Tax Rates for the Financial Year 2018
Table 116: Mauritian Life Insurance - Policies and Premium, 2013-2017
Table 117: Mauritian Life Insurance - Policies and Premium, 2017-2022
Table 118: Mauritian Life Insurance - Claims and Expenses, 2013-2017
Table 119: Mauritian Life Insurance - Claims and Expenses, 2017-2022
Table 120: Mauritian Life Insurance - Assets and Investments, 2013-2017
Table 121: Mauritian Life Insurance - Assets and Investments, 2017-2022
Table 122: Mauritian General Insurance - Policies and Premium, 2013-2017
Table 123: Mauritian General Insurance - Policies and Premium, 2017-2022
Table 124: Mauritian General Insurance - Claims and Expenses, 2013-2017
Table 125: Mauritian General Insurance - Claims and Expenses, 2017-2022
Table 126: Mauritian General Insurance - Assets and Investments, 2013-2017
Table 127: Mauritian General Insurance - Assets and Investments, 2017-2022
Table 128: Mauritian General Insurance - Property Insurance, 2013-2017
Table 129: Mauritian General Insurance - Property Insurance, 2017-2022
Table 130: Mauritian General Insurance - Property Insurance by Category, 2013-2017
Table 131: Mauritian General Insurance - Property Insurance by Category, 2017-2022
Table 132: Mauritian General Insurance - Motor Insurance, 2013-2017
Table 133: Mauritian General Insurance - Motor Insurance, 2017-2022
Table 134: Mauritian General Insurance - Liability Insurance, 2013-2017
Table 135: Mauritian General Insurance - Liability Insurance, 2017-2022
Table 136: Mauritian General Insurance - Financial Lines Insurance, 2013-2017
Table 137: Mauritian General Insurance - Financial Lines Insurance, 2017-2022
Table 138: Mauritian General Insurance - Marine, Aviation and Transit Insurance, 2013-2017
Table 139: Mauritian General Insurance - Marine, Aviation and Transit Insurance, 2017-2022
Table 140: Mauritian General Insurance - Marine Aviation and Transit Insurance by Category, 2013-2017
Table 141: Mauritian General Insurance - Marine Aviation and Transit Insurance by Category, 2017-2022
Table 142: Mauritian General Insurance - Personal Accident and Health Insurance, 2013-2017
Table 143: Mauritian General Insurance - Personal Accident and Health Insurance, 2017-2022
Table 144: Mauritian General Insurance - Personal Accident and Health Insurance by Category, 2013-2017
Table 145: Mauritian General Insurance - Personal Accident and Health Insurance by Category, 2017-2022
Table 146: Mauritian General Insurance - Miscellaneous, 2013-2017
Table 147: Mauritian General Insurance - Miscellaneous, 2017-2022
Table 148: Insurance Industry Definitions

List of Figures
Figure 1: Mauritian Real GDP (MUR Billion), 2013-2022
Figure 2: Mauritian Exchange Rate (MUR per US$), 2013-2022
Figure 3: Mauritian Consumer Price Inflation (%), 2013-2022
Figure 4: Mauritian Current Account Balance as Percentage of GDP (%), 2013-2022
Figure 5: Mauritian Unemployment Rate, 2013-2022
Figure 6: Mauritian Population by Age Group, 2013-2022
Figure 7: Mauritian Insurance Industry - Gross Written Premium (MUR Billion), 2013-2022
Figure 8: Mauritian Insurance Industry - Density (MUR), 2013-2022
Figure 9: Mauritian Insurance Industry - Number of Active Policies (Thousand), 2013-2022
Figure 10: Mauritian Insurance Industry - Paid Claims (MUR Billion), 2013-2022
Figure 11: Mauritian Life Insurance - Gross Written Premium (MUR Billion), 2013-2022
Figure 12: Mauritian Life Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 13: Mauritian Life Insurance - Paid Claims (MUR Billion), 2013-2022
Figure 14: Mauritian Life Insurance - Penetration (%), 2013-2017
Figure 15: Mauritian Life Insurance - Penetration (%), 2017-2022
Figure 16: Mauritian Life Insurance - Total Assets (MUR Billion), 2013-2022
Figure 17: Mauritian Life Insurance - Total Investment Income (MUR Billion), 2013-2022
Figure 18: Mauritian Life Insurance - Investment Portfolio (MUR Billion), 2013-2022
Figure 19: Mauritian Life Insurance - Investment Portfolio Dynamics (MUR Billion), 2013-2022
Figure 20: Mauritian Pension - Gross Written Premium (MUR Billion), 2013-2022
Figure 21: Mauritian Pension - Number of Active Policies (Thousand), 2013-2022
Figure 22: Mauritian Pension - Penetration (%), 2013-2017
Figure 23: Mauritian Pension - Penetration (%), 2017-2022
Figure 24: Mauritian General Insurance - Gross Written Premium (MUR Billion), 2013-2022
Figure 25: Mauritian General Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 26: Mauritian General Insurance - Paid Claims (MUR Billion), 2013-2022
Figure 27: Mauritian General Insurance - Penetration (%), 2013-2017
Figure 28: Mauritian General Insurance - Penetration (%), 2017-2022
Figure 29: Mauritian General Insurance - Loss Ratio (%), 2013-2017
Figure 30: Mauritian General Insurance - Loss Ratio (%), 2017-2022
Figure 31: Mauritian General Insurance - Total Assets (MUR Billion), 2013-2022
Figure 32: Mauritian General Insurance - Total Investment Income (MUR Billion), 2013-2022
Figure 33: Mauritian General Insurance - Investment Portfolio (MUR Billion), 2013-2022
Figure 34: Mauritian General Insurance - Investment Portfolio Dynamics (MUR Billion), 2013-2022
Figure 35: Mauritian Property Insurance - Gross Written Premium (MUR Billion), 2013-2022
Figure 36: Mauritian Property Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 37: Mauritian Property Insurance - Penetration (%), 2013-2017
Figure 38: Mauritian Property Insurance - Penetration (%), 2017-2022
Figure 39: Mauritian Property Insurance - Paid Claims (MUR Million), 2013-2022
Figure 40: Mauritian Property Insurance - Earned Premium, Incurred Loss and Loss Ratio (MUR Billion and %), 2013-2022
Figure 41: Mauritian Motor Insurance - Gross Written Premium (MUR Billion), 2013-2022
Figure 42: Mauritian Motor Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 43: Mauritian Motor Insurance - Penetration (%), 2013-2017
Figure 44: Mauritian Motor Insurance - Penetration (%), 2017-2022
Figure 45: Mauritian Motor Insurance - Paid Claims (MUR Billion), 2013-2022
Figure 46: Mauritian Motor Insurance - Earned Premium, Incurred Loss and Loss Ratio (MUR Billion and %), 2013-2022
Figure 47: Mauritian Liability Insurance - Gross Written Premium (MUR Billion), 2013-2022
Figure 48: Mauritian Liability Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 49: Mauritian Liability Insurance - Penetration (%), 2013-2017
Figure 50: Mauritian Liability Insurance - Penetration (%), 2017-2022
Figure 51: Mauritian Liability Insurance - Paid Claims (MUR Million), 2013-2022
Figure 52: Mauritian Liability Insurance - Earned Premium, Incurred Loss and Loss Ratio (MUR Million and %), 2013-2022
Figure 53: Mauritian Financial Lines Insurance - Gross Written Premium (MUR Million), 2013-2022
Figure 54: Mauritian Financial Lines Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 55: Mauritian Financial Lines Insurance - Penetration (%), 2013-2017
Figure 56: Mauritian Financial Lines Insurance - Penetration (%), 2017-2022
Figure 57: Mauritian Financial Lines Insurance - Paid Claims (MUR Million), 2013-2022
Figure 58: Mauritian Financial Lines Insurance - Earned Premium, Incurred Loss and Loss Ratio (MUR Million and %), 2013-2022
Figure 59: Mauritian Marine, Aviation and Transit Insurance - Gross Written Premium (MUR Billion), 2013-2022
Figure 60: Mauritian Marine, Aviation and Transit Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 61: Mauritian Marine, Aviation and Transit Insurance - Penetration (%), 2013-2017
Figure 62: Mauritian Marine, Aviation and Transit Insurance - Penetration (%), 2017-2022
Figure 63: Mauritian Marine, Aviation and Transit Insurance - Paid Claims (MUR Million), 2013-2022
Figure 64: Mauritian Marine, Aviation and Transit Insurance - Earned Premium, Incurred Loss and Loss Ratio (MUR Billion and %), 2013-2022
Figure 65: Mauritian Personal Accident and Health Insurance - Gross Written Premium (MUR Billion), 2013-2022
Figure 66: Mauritian Personal Accident and Health Insurance - Number of Active Policies (Thousand), 2013-2022
Figure 67: Mauritian Personal Accident and Health Insurance - Penetration (%), 2013-2017
Figure 68: Mauritian Personal Accident and Health Insurance - Penetration (%), 2017-2022
Figure 69: Mauritian Personal Accident and Health Insurance - Paid Claims (MUR Billion), 2013-2022
Figure 70: Mauritian Personal Accident and Health Insurance - Earned Premium, Incurred Loss and Loss Ratio (MUR Billion and %), 2013-2022
Figure 71: Mauritian Miscellaneous - Gross Written Premium (MUR Billion), 2013-2022
Figure 72: Mauritian Miscellaneous - Number of Active Policies (Thousand), 2013-2022
Figure 73: Mauritian Miscellaneous - Penetration (%), 2013-2017
Figure 74: Mauritian Miscellaneous - Penetration (%), 2017-2022
Figure 75: Mauritian Miscellaneous - Paid Claims (MUR Million), 2013-2022
Figure 76: Mauritian Miscellaneous - Earned Premium, Incurred Loss and Loss Ratio (MUR Million and %), 2013-2022
Figure 77: Mauritian Reinsurance - Premium Ceded by Insurance Segment (MUR Billion), 2013-2022
Figure 78: Mauritian Life Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
Figure 79: Mauritian General Insurance - Percentage of Reinsurance Ceded (%), 2013-2022
Figure 80: Mauritian Insurance Industry - Market Share of Leading Insurers (%), 2017
Figure 81: Mauritian Life Insurance Segment - Market Share of Leading Insurers (%), 2017
Figure 82: Mauritian General Insurance Segment - Market Share of Leading Insurers (%), 2017
Figure 83: Mauritius - Insurance Supervision and Control at Various Levels
Figure 84: Mauritius - Insurance Regulatory Frameworks for Company Registration and Operation

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Swan Insurance Co. Ltd

  • Mauritius Union Assurance Co. Ltd

  • Mauritian Eagle Insurance Co. Ltd

  • Sicom General Insurance Ltd

  • Phoenix Insurance (Mauritius) Ltd

  • The New India Assurance Co. Ltd

  • Jubilee Insurance (Mauritius) Ltd

  • Lamco Interna