OVERVIEW OF MUA
MUA is a 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 and savings.
On the 26th July, MUA is officially incorporated & started operating at 13, Sir William Newton Street, Port-Louis.
MUA democratized Life Assurance by launching insurance plans at only Rs2 per month.
We were the first to introduce household comprehensive insurance cover to Mauritian people.
We moved to our new offices at 4, Leoville L’Homme Street, Port-Louis.
Introducing IT systems in the finance & accounts department.
Good Harvest became an accreditated agent of MUA.
Opening of our first regional branch at Flacq.
MUA is quoted on the Stock Exchange of Mauritius.
Inauguration of our new Headquarters at Léoville L’Homme Street, Port Louis.
Excellent financial performance of MUA, whereby the reserve fund reached the billion rupee mark.
Products launched: Investment Plus, Bonne Santé, Golf insurance and Electro insurance.
Opening of 2 new branches in Grand-Bay and Rose-Hill. Celebration of our Diamond Jubilee.
Acquisition of The National Mutual Fund Ltd
Acquisition of La Prudence (Mauricienne) Assurances Ltée
Our 2 core businesses are split under Mauritius Union General Insurance and La Prudence Life Insurance
Acquisition of Phoenix Transholding Africa with operations in Kenya, Tanzania, Rwanda and Uganda
Rebranding to MUA, with all the entities brought together under a single, strong brand.
Launch of the Client Portal, allowing clients to manage their general insurance policies online.
Acquisition of Saham Kenya which reinforces MUA’s presence in East Africa
Integration of our operations in Kenya further reinforces our presence in the East African market
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 other insurance companies and insurance networks across Africa;
MUA is the exclusive member of Globus in Mauritius, Seychelles, Kenya, Uganda and Tanzania. Globus is a Pan-African network of over 50 leading insurance companies.
Our vision, our purpose and our values in summary
Get to know MUA's key leaders
MUA as a sustainable insurer: find out about our 3 pillars