MUA at a glance
Gross Earned Premium ↑17% vs 2019
Group Profit after Tax ↓18% vs 2019
Market Capitalisation as at 31 December 2020*
↑20% since 1 January 2020
Share price ↑8% vs 2019
Total Assets ↑14% vs 2019
Life Insurance Funds ↔0% vs 2019
*As per the Stock Exchange of Mauritius based on 50,100,000 shares, including new shares issued under the Rights Issue; share price increase +8%.
Group Gross Premium Earned (Rs m)
Group Net Proﬁt After Tax (Rs m)
Group Gross Premium Earned by Entity (Rs)
Net Profit After Tax by Entity (Rs m)
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 areas of pension, investment, savings and stockbroking.
Our home market of Mauritius remains strategic. We are the largest insurer in Mauritius, in terms of net premiums. We have consistently maintained a 25% market share* for general insurance and an 11.7% market share* for life insurance. The acquisition of Saham Kenya in 2020 has also reinforced our position in the East African market.
*Market share information is based on the latest published statistics of the FSC.
years of experience
years of experience
in East Africa
Understanding the MUA Vision, Values & Strategy
To ensure peace of mind for our customersby providing the best financial protection and solutions through innovative products and services in our chosen markets
What We Aim To Do
We are committed to providing innovative financial and insurance solutions to ensure peace of mind for our communities.
What We Stand For
How We Plan To Achieve Our Vision
Ambition 2020 has been driven through our implementation of four key strategic axes:
- Regional group culture
- Business growth
- Business transformation
- Capital and risk management
Who We Are
We are a fiercely customer-centric, internationally aligned, Mauritius-born financial services firm that is committed to providing peace of mind across Africa and our other primary markets through strong committed partnerships.