MauritiusIndian Ocean · MU · MUR

Mauritius

MauriceMoris

32 licensed entities supervised by the Financial Services Commission.

Listed insurers
32
Insurance classes
4
Groups present
3
Illustrated collage of Mauritius, inspired by Aapravasi Ghat, Port Louis, Le Morne Brabant.
Mauritius
INSURERS.GLOBAL / MUAn illustrated portrait · AI-created artwork

A sense of place

Beyond the numbers.

Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.

Local names, languages & illustration notes

Selected local names and languages, with links to the references behind this artistic composition.

MauritiusMauritius

English
Mauritius
French
Maurice
Morisyen
Moris

Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.

By class of business

Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.

By ownership

  • Ownership unverified19 59%
  • Domestic private7 22%
  • State-owned / parastatal4 13%
  • Pan-African group2 6%

Verification log

Verified - full register: FSC Online Public Register captured by the owner on 27-28 Sep 2026 across its insurance and captive activity filters (INS-1.1, INS-1.1Av, INS-1.2, INS-1.3, INS-1.3Av, CI-1.1 and CI-1.1A) · FSC Mauritius Online Public Register, filtered by activity: INS-1.1 (8), INS-1.1Av (2), INS-1.2 (14), INS-1.3 (3), INS-1.3Av (2), CI-1.1 (2) and CI-1.1A (3), each with its row-count footer; screenshots taken by the owner in a browser, 27-28 Sep 2026. FSC public notice of 17 Oct 2025 approving the Jubilee Allianz amalgamation

Reconciled against the FSC Online Public Register as captured by the owner on 27-28 Sep 2026 across its insurance and captive licence types: 13 rows matched, 19 licensees added and 4 removed. Jubilee Allianz General Insurance (Mauritius) was amalgamated into Sanlam General Insurance, now SanlamAllianz General Insurance, on 29 Sep 2025 (FSC public notice of 17 Oct 2025).

How to read the classes

The FSC register entry does not state a class of business or a parent group for 4 of these 32 entities. Where shown, class and group were inferred from the entity name (see the “basis” line on each insurer page). “Not stated in register” means the name gave no signal; most such undertakings write non-life or composite business.

Licensed insurers in Mauritius

Scroll horizontally to compare columns.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
GFA Insurance
Registered as G.F.A Insurance Ltd
GGeneral (Non-life)IndependentDomestic privateFSCVerified—
Lamco International InsuranceGGeneral (Non-life)IndependentDomestic privateFSCVerified—
Mauritian Eagle Insurance
Registered as EAGLE INSURANCE LIMITED
GGeneral (Non-life)IBL GroupDomestic privateFSCVerified—
Mauritius Union Assurance (MUA)SEM: MUA
Also Kenya, Uganda, Tanzania, Rwanda, Seychelles; Registered as THE MAURITIUS UNION ASSURANCE CY. LTD
GGeneral (Non-life)MUA (Mauritius Union)Pan-African groupFSCVerified—
NIC General InsuranceState-owned
Successor to BAI
GGeneral (Non-life)National Insurance Co (Government)State-owned / parastatalFSCVerified—
Phoenix Insurance (Mauritius)GGeneral (Non-life)IndependentDomestic privateFSCVerified—
Quantum InsuranceGGeneral (Non-life)IndependentDomestic privateFSCVerified—
SICOM General InsuranceState-owned
State Insurance Co of Mauritius
GGeneral (Non-life)SICOM GroupState-owned / parastatalFSCVerified—
Swan GeneralSEM: SWAN
SEM-listed
GGeneral (Non-life)Swan GroupDomestic privateFSCVerified—
MUA LifeSEM: MUALLifeMUA (Mauritius Union)Pan-African groupFSCVerified—
NIC LifeState-owned
Registered as NATIONAL INSURANCE CO. LTD
LLifeNational Insurance Co (Government)State-owned / parastatalFSCVerified—
SICOM LifeState-owned
Registered as State Insurance Company of Mauritius Ltd
LLifeSICOM GroupState-owned / parastatalFSCVerified—
Swan LifeSEM: SWAN
Formerly Anglo-Mauritius
LLifeSwan GroupDomestic privateFSCVerified—
Swan Special Risks CompanySEM: SWAN
Parent inferred from name; ownership not researched
GGeneral (Non-life)Swan GroupOwnership unverifiedFSCVerified—
The New India Assurance Company (Mauritius branch)NSE: NIACL
Branch of the Indian insurer; ownership type inferred from name; Registered as The New India Assurance Company Ltd
GGeneral (Non-life)New India AssuranceOwnership unverifiedFSCVerified—
Indian Ocean General Assurance
Ownership not researched; Ownership type inferred from name; parent not researched
GGeneral (Non-life)Parent not named in registerOwnership unverifiedFSCVerified—
Credit Guarantee Insurance Co
Class inferred from name; credit insurer; ownership not researched; Ownership type inferred from name; parent not researched
XSpecialty / Credit / CaptiveParent not named in registerOwnership unverifiedFSCVerified—
Afri Life Insurance
Ownership not researched; Ownership type inferred from name; parent not researched
LLifeParent not named in registerOwnership unverifiedFSCVerified—
Island Life Assurance Co
Ownership not researched; Ownership type inferred from name; parent not researched
LLifeParent not named in registerOwnership unverifiedFSCVerified—
Life Insurance Corporation of India (Mauritius branch)BSE: 543526
Branch of the Indian insurer; ownership type inferred from name; Registered as Life Insurance Corporation of India
LLifeLife Insurance Corp of IndiaOwnership unverifiedFSCVerified—
Providence Life PCC
Protected cell company, long-term; ownership not researched; Ownership type inferred from name; parent not researched
XSpecialty / Credit / CaptiveParent not named in registerOwnership unverifiedFSCVerified—
International Assurance PCC
Protected cell company, long-term; ownership not researched; Ownership type inferred from name; parent not researched
XSpecialty / Credit / CaptiveParent not named in registerOwnership unverifiedFSCVerified—
Guardrisk Insurance Company Mauritius PCC
Protected cell company, external business; parent inferred from name, group not researched
XSpecialty / Credit / CaptiveGuardriskOwnership unverifiedFSCVerified—
Santam Structured Insurance PCC
Protected cell company, external business; parent inferred from name, group not researched
XSpecialty / Credit / CaptiveSantamOwnership unverifiedFSCVerified—
SanlamAllianz General Insurance
Surviving entity of the Jubilee Allianz amalgamation (FSC notice of 17 Oct 2025, as Sanlam General Insurance Limited); parent inferred from name
GGeneral (Non-life)Sanlam AllianzIAIGOwnership unverifiedFSCVerified—
Master Drilling Captive
Captive; listed under both captive licence types; ownership not researched; Ownership type inferred from name; parent not researched
XSpecialty / Credit / CaptiveParent not named in registerOwnership unverifiedFSCVerified—
ProtectSure Captive Insurance Company
Captive; ownership not researched; Ownership type inferred from name; parent not researched
XSpecialty / Credit / CaptiveParent not named in registerOwnership unverifiedFSCVerified—
Capfin Africa
Captive; ownership not researched; Ownership type inferred from name; parent not researched
XSpecialty / Credit / CaptiveParent not named in registerOwnership unverifiedFSCVerified—
Global Insurance (Mauritius)
Captive; ownership not researched; Ownership type inferred from name; parent not researched
XSpecialty / Credit / CaptiveParent not named in registerOwnership unverifiedFSCVerified—
Healthguard International
Class inferred from name; external insurance business; ownership not researched; Ownership type inferred from name; parent not researched
HHealth / MedicalParent not named in registerOwnership unverifiedFSCVerified—
Expacare Insurance Company (Mauritius)
Class inferred from name; external insurance business; ownership not researched; Ownership type inferred from name; parent not researched
HHealth / MedicalParent not named in registerOwnership unverifiedFSCVerified—
Guardrisk Life International
Class inferred from name; external insurance business; parent inferred from name, group not researched
LLifeGuardriskOwnership unverifiedFSCVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

Former and deregistered companies

Names once listed in Mauritius and no longer in use. A company that was renamed, merged or acquired is counted under the name it has today; the names below are counted in no total on this page.

Former nameWhat happenedListed today as
Island General InsuranceNo longer on the registerNot recorded
Jubilee Allianz General Insurance MauritiusMerged 29 September 2025SanlamAllianz General Insurance
LIC (Mauritius) OffshoreNo longer on the registerNot recorded
Rainbow InsuranceFailed 10 December 2007Not recorded
Sun Insurance CoNo longer on the registerNot recorded

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