Class of Insurance Business
In Mauritius, the insurance industry operates under stringent regulatory frameworks to ensure financial stability, protect policyholders, and uphold industry...
Insurance in Mauritius is regulated by the Insurance Act of 2005 and the Insurance Regulations of 2007. The Financial Services Commission, under the Financial Services Development Act 2001, assumed the regulatory role from the Controller of Insurance under the Ministry of Economic Development, Financial Services, and Corporate Affairs. This regulatory framework ensures transparency, stability, and consumer protection within the insurance sector, bolstering investor confidence and maintaining high standards of operation.
Stated Capital of Insurer
In Mauritius, the insurance sector operates under strict regulatory guidelines established by the Financial Services Development Act (FSDA) of...
Margin of Solvency
General and Reinsurance Business Insurance In the case of insurers carrying on general insurance or reinsurance business, the value...