The State Insurance Company of Mauritius Ltd (SICOM) has been an integral part of Mauritius’ economic landscape since its establishment in 1975. Today, SICOM stands as a leading insurance and financial services provider, comprising a diverse group of subsidiaries that collectively form the SICOM Group.

Group Structure and Subsidiaries

SICOM Group includes:

  • SICOM General Insurance Ltd (SICOM GIN): Offering a wide range of general insurance products tailored to meet the needs of individuals and businesses.
  • SICOM Financial Services Ltd (SFSL): Providing comprehensive financial solutions including investment advisory and wealth management services.
  • SICOM Global Fund Ltd: Managing investment funds across various asset classes, ensuring diversified and optimised returns.
  • SICOM Management Ltd: Facilitating efficient management and administration of the group’s operations and investments.

Core Business Areas

SICOM is renowned for its expertise in long-term insurance and managed pensions:

  • Long-Term Insurance: Ranked among the top life insurance companies in Mauritius, SICOM offers a comprehensive suite of life insurance products designed to secure the financial future of individuals and families.
  • Managed Pensions: SICOM is a leader in the managed pensions business, managing 191 statutory and private pension schemes. As of June 30, 2016, SICOM oversees pension fund net assets exceeding MUR 26 billion, ensuring robust financial security and retirement planning solutions for its clients.

Service Diversification

Over the years, SICOM has diversified its service offerings to cater to broader financial needs:

  • Loan Schemes: Introducing a range of loan products aimed at assisting Mauritian families with housing and personal projects, thereby contributing to community development and economic empowerment.

Commitment to Excellence

SICOM is committed to maintaining the highest standards of service excellence, integrity, and customer satisfaction. The company’s continuous innovation in product development and investment in technology enhances its ability to meet evolving market demands and exceed customer expectations. 

Future Vision

Looking forward, SICOM remains dedicated to expanding its market presence, enhancing operational efficiency, and fostering sustainable growth. By leveraging its strong foundation, diversified service portfolio, and strategic partnerships, SICOM aims to reinforce its position as a trusted leader in insurance and financial services in Mauritius and beyond.


In conclusion, The State Insurance Company of Mauritius Ltd (SICOM) continues to play a pivotal role in shaping Mauritius’ insurance and financial services sectors. With a rich legacy of excellence, comprehensive service offerings, and a commitment to customer-centric values, SICOM is poised for continued success and leadership in the dynamic and competitive landscape of the insurance industry.