ABOUT
US
OVERVIEW OF MUA

MUA is regional financial services company committed to providing innovative insurance and financial solutions for communities in Mauritius, across East Africa and the Indian Ocean. Although our primary focus is on short-term and long-term insurance, our subsidiaries also offer a variety of specialised services and solutions to corporate and individual clients in the fields of pension, investment, savings and stockbroking.
 

OUR
STRENGTHS
MARKET RELEVANT EXPERIENCE
FINANCIAL STRENGTH
REINSURANCE CAPACITY
OUR
SERVICES
INSURANCE SOLUTIONS
MOTOR
HOME
HEALTH
LIFE
TRAVEL
FINANCIAL SOLUTIONS
INVESTMENT
LOANS
SAVING
PENSION FUNDS
Stockbroking
MUA
AT A GLANCE
825
EMPLOYEES
> 30
BRANCHES
1937
SHAREHOLDERS
> 72
YEARS OF EXPERIENCE IN MAURITIUS
> 100
YEARS OF EXPERIENCEIN EAST AFRICA
OUR
HISTORY
1948
1948

On the 26th July, MUA is officially incorporated & started operating at 13, Sir William Newton Street, Port-Louis.

1949
1949

MUA democratized Life Assurance by launching insurance plans at only Rs2 per month.

1971
1971

We were the first to introduce household comprehensive insurance cover to Mauritian people.

1975
1975

We moved to our new offices at 4, Leoville L’Homme Street, Port-Louis.

1976
1976

Introducing IT systems in the finance & accounts department.

1981
1981

Good Harvest became an accreditated agent of MUA.

1992
1992

Opening of our first regional branch at Flacq.

1993
1993

MUA is quoted on the Stock Exchange of Mauritius.

1998
1998

Inauguration of our new Headquarters at Léoville L’Homme Street, Port Louis.

2003
2003

Excellent financial performance of MUA, whereby the reserve fund reached the billion rupee mark.

2007
2007

Products launched: Investment Plus, Bonne Santé, Golf insurance and Electro insurance.

2008
2008

Opening of 2 new branches in Grand-Bay and Rose-Hill. Celebration of our Diamond Jubilee.

2009
2009

Acquisition of The National Mutual Fund Ltd

2010
2010

Acquisition of La Prudence (Mauricienne) Assurances Ltée

2011
2011

Our 2 core businesses are split under Mauritius Union General Insurance and La Prudence Life Insurance

2014
2014

Acquisition of Phoenix Transholding Africa with operations in Kenya, Tanzania, Rwanda and Uganda

2018
2018

Rebranding to MUA, with all the entities brought together under a single, strong brand.

2019
2019

Launch of the Client Portal, allowing clients to manage their general insurance policies online.

2020
2020

Acquisition of Saham Kenya which reinforces MUA’s presence in East Africa

INTERNATIONAL
PARTNERSHIPS
  • Dedicated team focused on providing cross-border insurance solutions;

  • Our value proposition includes centrally managed global policies with local policies arranged in foreign jurisdictions for subsidiaries or portfolio companies;

  • Working arrangements with over insurance companies and insurance networks across Africa;

  • MUA is the exclusive member of Globus in Mauritius and Seychelles. Globus is a Pan-African network of over 50 leading insurance companies.
     

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VALUES & PURPOSE
OUR LEADERSHIP
SOCIAL PURPOSE