Mauritius insurance industry: 2017 turnover
Mauritius insurance industry: turnover per non life insurance company (2016-2017)
Figures in thousands2017 turnover | 2016 turnover | 2016-2017 (2) evolution | 2017 market shares | |||
---|---|---|---|---|---|---|
In MUR (1) | In USD | In MUR (1) | In USD | |||
SWAN | 2 652 735 | 81 147 | 2 401 074 | 69 391 | 10.48% | 30.33% |
Mauritius Union Assurance | 2 192 673 | 67 074 | 1 905 218 | 55 061 | 15.09% | 25.07% |
Mauritian Eagle Insurance | 1 184 417 | 36 231 | 1 166 441 | 33 710 | 1.54% | 13.54% |
State Insurance Company of Mauritius | 757 040 | 23 158 | 732 368 | 21 165 | 3.37% | 8.66% |
Phoenix Insurance | 389 016 | 11 900 | 343 611 | 9 930 | 13.21% | 4.45% |
The New India Assurance | 359 010 | 10 982 | 335 586 | 9 698 | 6.98% | 4.11% |
Jubilee Insurance | 340 592 | 10 419 | 316 415 | 9 144 | 7.64% | 3.90% |
Lamco International Insurance | 237 407 | 7 262 | 233 399 | 6 745 | 1.72% | 2.71% |
GFA Insurance | 192 588 | 5 891 | 183 770 | 5 311 | 4.80% | 2.20% |
Sun Insurance | 137 053 | 4 192 | 94 912 | 2 743 | 44.40% | 1.57% |
Swab Specialty Risks | 129 652 | 3 966 | 132 007 | 3 815 | -1.78% | 1.48% |
Quantum Insurance Mauritius | 70 143 | 2 146 | 42 525 | 1 229 | 64.94% | 0.80% |
Indian Ocean General Assurance (IOGA) | 59 881 | 1 832 | 59 037 | 1 706 | 1.43% | 0.68% |
Credit Gurantee Insurance-CGI | 44 133 | 1 350 | 60 968 | 1 762 | -27.61% | 0.50% |
Total | 8 746 339 | 267 551 | 8 007 330 | 231 412 | 9.23% | 100% |
Relatad article | Mauritian insurance industry in 2018
Mauritius insurance industry: turnover per life insurance company (2016-2017)
Figures in thousands2017turnover | 2016turnover | 2016-2017 (2) evolution | 2017 market shares | |||
---|---|---|---|---|---|---|
In MUR (1) | In USD | In MUR (1) | In USD | |||
SICOM Life | 4 746 443 | 145 194 | 4 311 373 | 124 599 | 10.09% | 45.51% |
SWAN Life | 4 026 741 | 123 178 | 3 859 237 | 111 532 | 4.34% | 38.61% |
La Prudence Mauricienne | 876 773 | 26 821 | 778 789 | 22 507 | 12.58% | 8.41% |
Life Insurance Corporation | 396 458 | 12 128 | 385 283 | 11 135 | 2.90% | 3.80% |
Island Life Assurance | 246 660 | 7 545 | 213 171 | 6 161 | 15.71% | 2.36% |
Metropolitan Insurance Mauritius | 120 481 | 3 686 | 157 432 | 4 550 | -23.47% | 1.16% |
Phoenix Insurance | 8 902 | 272 | 9 841 | 284 | -9.55% | 0.09% |
Lamco International Insurance | 3 672 | 112 | 3 962 | 115 | -7.32% | 0.04% |
Indian Ocean General Assurance - IOGA | 2 376 | 73 | 2 826 | 82 | -15.92% | 0.02% |
Total | 10 428 507 | 319 008 | 9 721 915 | 280 963 | 7.27% | 100% |
Mauritius insurance industry: turnover per class of business (2016-2017)
Figures in thousands2017 turnover | 2016 turnover | 2016-2017 (2) evolution | 2017 market shares | |||
---|---|---|---|---|---|---|
In MUR (1) | In USD | In MUR (1) | In USD | |||
Motor | 3 316 054 | 101 438 | 3 076 767 | 88 919 | 7.78% | 17.29% |
Accident and health | 2 315 073 | 70 818 | 2 100 274 | 60 698 | 10.23% | 12.07% |
Property damage | 1 291 072 | 39 494 | 1 178 004 | 34 044 | 0.64% | 6.73% |
Third party liability | 716 842 | 21 928 | 543 928 | 15 720 | 31.79% | 3.74% |
Other risks | 420 748 | 12 871 | 370 340 | 10 703 | 13.61% | 2.20% |
Marine | 377 572 | 11 550 | 403 511 | 11 661 | -6.43% | 1.97% |
Engineering | 257 625 | 7 881 | 267 817 | 7 740 | -0.06% | 1.34% |
Credit-bond | 51 353 | 1 571 | 66 689 | 1 927 | -23.00% | 0.27% |
Total non life | 8 746 339 | 267 551 | 8 007 330 | 231 412 | 9.23% | 45.61% |
Total life | 10 428 507 | 319 008 | 9 721 915 | 280 963 | 7.27% | 54.39% |
Grand total | 19 174 846 | 586 559 | 17 729 245 | 512 375 | 8.15% | 100% |
(1) Mauritian rupee
(2) Growth rate in local currency
Mauritius insurance industry: breakdown of turnover per class of business in 2017
Source: Financial Services Commission (FSC) MauritiusExchange rate MUR/USD as at 31/12 | 2016 | 2017 |
0.02890 | 0.03059 |
To discover | Mauritian insurance market: 2012-2016
0
Your rating: None
Thu, 15/11/2018 - 10:42
The online magazine
Live coverage
05/17
05/17
05/17
05/17
05/16
Latest news