Ranking of insurers in Mauritius per 2019 turnover
Mauritius: turnover per non-life insurance company 2018-2019
Figures in thousands| 2019 turnover | 2018 turnover | 2018-2019 (1) evolution | 2019 shares | |||
|---|---|---|---|---|---|---|
| In MUR | In USD | In MUR | In USD | |||
SWAN | 3 060 120 | 81 277 | 2 881 758 | 81 698 | 6.19% | 29.73% |
Mauritius Union Assurance | 2 349 607 | 62 405 | 2 252 828 | 63 868 | 4.30% | 22.83% |
Mauritian Eagle Insurance | 1 248 968 | 33 173 | 1 148 201 | 32 551 | 8.78% | 12.14% |
State Insurance Company of Mauritius (SICOM) | 1 053 354 | 27 977 | 789 020 | 22 369 | 33.50% | 10.23% |
Phoenix Insurance | 469 809 | 12 478 | 418 278 | 11 858 | 12.32% | 4.57% |
New India Assurance | 434 022 | 11 528 | 411 765 | 11 673 | 5.41% | 4.22% |
Jubilee Insurance | 374 448 | 9 945 | 354 055 | 10 037 | 5.76% | 3.64% |
National Insurance Company (NIC) | 324 532 | 8 620 | 241 617 | 6 850 | 34.32% | 3.15% |
Lamco International Ins. | 265 586 | 7 054 | 242 892 | 6 886 | 9.34% | 2.58% |
GFA Insurance | 190 577 | 5 062 | 188 665 | 5 349 | 1.01% | 1.85% |
SWAN Speciality Risk | 143 967 | 3 824 | 143 179 | 4 059 | 0.55% | 1.40% |
Quantum Insurance Mauritius | 125 600 | 3 336 | 82 776 | 2 347 | 51.73% | 1.22% |
Sun Insurance | 124 997 | 3 320 | 110 225 | 3 125 | 13.40% | 1.21% |
Indian Ocean General Assurance (IOGA) | 68 356 | 1 815 | 58 899 | 1 670 | 16.06% | 0.66% |
Credit Guarantee Ins-CGI | 58 437 | 1 552 | 52 929 | 1 500 | 10.41% | 0.57% |
| Total non-life | 10 292 380 | 273 366 | 9 377 087 | 265 840 | 9.76% | 100% |
(1) Growth rate in local currency
Exchange rate as at 31/12/2019: 1 MUR = 0.02656 USD; at 31/12/2018: 1 MUR = 0.02835 USD
Mauritius: turnover per life insurance company 2018-2019
Figures in thousands| 2019 turnover | 2018 turnover | 2018-2019 (1) Evolution | 2019 shares | |||
|---|---|---|---|---|---|---|
| In MUR | In USD | In MUR | In USD | |||
SWAN Life | 4 821 113 | 128 049 | 4 394 991 | 124 598 | 9.70% | 52.81% |
SICOM Life | 2 382 165 | 63 270 | 6 384 254 | 180 994 | -62.69% | 26.09% |
La Prudence Mauricienne | 1 100 079 | 29 218 | 1 034 009 | 29 314 | 6.39% | 12.05% |
Life Insurance Corporation | 457 814 | 12 159 | 420 125 | 11 911 | 8.97% | 5.02% |
Island Life Assurance | 252 169 | 6 698 | 370 124 | 10 493 | -31.87% | 2.76% |
Metropolitan Insurance Mauritius | 104 773 | 2 783 | 119 498 | 3 388 | -12.32% | 1.15% |
Phoenix Insurance | 6 721 | 178 | 7 849 | 222 | -14.37% | 0.07% |
Lamco International Insurance | 2 711 | 72 | 3 187 | 90 | -14.94% | 0.03% |
Indian Ocean General Assurance-IOGA | 1 609 | 43 | 1 944 | 55 | -17.23% | 0.02% |
| Total life | 9 129 154 | 242 470 | 12 735 981 | 361 065 | -28.32% | 100% |
(1) Growth rate in local currency
Exchange rate as at 31/12/2019: 1 MUR = 0.02656 USD; at 31/12/2018: 1 MUR = 0.02835 USD
Read also | Mauritius insurance market
