Description
The Mauritian insurance market was valued at $548.9 million in 2020. The market is expected to grow at a CAGR of more than 6% during the next 5 years to 2025.
Source – https://www.atlas-mag.net/en/article/mauritius-insurance-market
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Mauritius insurance market features
- Regulatory authority: Financial Services Commission
- Life and non-life premiums (2019):516 million USD
- Insurance density (2019): 408 USD
- Penetration rate (2019): 3.68 %
Mauritius’ insurance market structure in 2019
| Market stakeholders | Total |
|---|---|
|
Non-life insurance companies
|
15 |
|
Life insurance companies
|
9 |
|
Insurance brokers
|
37 |
|
Insurance agents
|
227 |
|
Total
|
288 |
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