1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Mauritius Insurance Report Q2 2016

Mauritius Insurance Report Q2 2016

  • March 2016
  • -
  • Business Monitor International
  • -
  • 49 pages

Includes 3 FREE quarterly updates

BMI View: We retain our broadly positive view of the prospects for Mauritius' insurance sector. Lifeinsurance already plays a central role in organised savings, and will continue to grow as a result ofinnovation on the part of the leading insurers - both in terms of product design and distribution. Non-lifeinsurance should be boosted by healthcare cost inflation and higher volumes in the motor vehicle insurancesub-sector.

Key Updates And Forecasts

- As of late 2015, well over 80% of the policy holders of the Super Cash Back Gold Plan of failed insurerBAI had been repaid in full by the government's National Property Fund Limited (NPFL). The remainingpolicy holders have, in general, either not registered properly with NPFL or have pledged their policies.

- We are maintaining our forecasts for the life insurance segment, and forecast premiums of MUR18.7bn in2016 and of MUR23.22bn in 2020. The main challenge for the segment is the lack of new users. Virtuallyall households (and in relation to group products, companies) that are afford life insurance and whounderstand it are already using it.

- We have lifted our projections for non-life premiums slightly. We now look forecast premiums ofMUR8.4bn in 2016 and of MUR11.5bn in 2020. This is due to our increase in forecast health andpersonal accident premiums (which takes into account greater inflation in healthcare costs).

Table Of Contents

Mauritius Insurance Report Q2 2016
BMI Industry View 5
Table: Headline Insurance Forecasts (Mauritius 2013-2020) 5
Insurance 6
Industry Forecast 8
Life Premiums Forecast 8
Table: Life Premiums (Mauritius 2013-2020) 11
Table: Life Insurance Claims (Mauritius 2008-2013) 11
Non-Life Premiums Forecast 12
Table: Non-Life Premiums (Mauritius 2013-2020) 14
Table: Non-Life Insurance Claims (Mauritius 2009-2013) 16
Non-Life Sub-Sector Forecast 17
Table: Non-Life Insurance Premiums by Product Line (Mauritius 2013-2020) 24
Insurance Risk/Reward Index 25
Sub-Saharan Africa Risk/Reward Index 25
Table: Sub-Saharan Africa Insurance Risk/Reward Index - Q216 26
Market Overview 28
Life Market Overview 28
The Product Offering 28
The Competitive Landscape 29
Table: Life Insurance Market, 2009-2013 (USDmn) 30
Non-Life Market Overview 32
The Product Offering 32
The Competitive Landscape 32
Table: Non-Life Insurance Market, 2009-2013 (USDmn) 33
Company Profile 35
Mauritius Union Group 35
State Insurance Company of Mauritius (SICOM) Group 37
Swan Insurance Co/Anglo-Mauritius Assurance Society 40
Methodology 43
Industry Forecast Methodology 43
Risk/Reward Index Methodology 46
Table: Indicators 48
Table: Weighting of Indicators 49

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Commercial Non-Life Insurance Brokers in Europe

Commercial Non-Life Insurance Brokers in Europe

  • $ 10000
  • Industry report
  • August 2016
  • by Finaccord

Finaccord’s report titled Commercial Non-Life Insurance Brokers in Europe, plus the BrokerBASE™ and market data annexe that accompany it, investigate the importance of brokers in the distribution of ...

UK Travel Insurance: Market Dynamics and Opportunities 2016

UK Travel Insurance: Market Dynamics and Opportunities 2016

  • $ 3450
  • Industry report
  • August 2016
  • by Verdict Financial

Summary The UK travel insurance market declined by 12.3% to £625.4m in gross written premium (GWP) in 2015. This is a result of fewer policies being written, in addition to rates that have been prevented ...

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

The Insurance Industry in Belarus, Key Trends and Opportunities to 2020

  • $ 1450
  • Industry report
  • October 2016
  • by Timetric

Synopsis Timetric’s 'The Insurance Industry in Belarus, Key Trends and Opportunities to 2020' report provides a detailed analysis of Belarusian insurance industry. It provides key performance indicators ...


Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.