Magazine date:
Feb 2011 Recent legal provisions require companies to split their life and non life operations. This initiative was introduced following the precariousness of some insurers who used the funds allocated to life insurance to finance non-life operations.
Mergers, acquisitions or market abandonments have since changed the sector's panorama. Among the recent initiatives, we note that of Mauritius Eagle Insurance which will transfer its life operations into a new subsidiary called Mauritius Eagle Life.