Mauritius Union Assurance, 2017 results and perspectives

Mauritius Union Assurance (MUA) posted its 2017 after-tax profits estimated at 321.6 million MUR (9.84 million USD), up by 169% in comparison with 2016. Turnover grew by 7% attaining 3.1 billion MUR (94.83 million USD).

With 2.2 billion MUR (67 million USD) in premiums, the non-life class of business accounted for more than 70% of the overall underwriting volume. Life insurance, on its turn, generated about 900 million MUR (27.5 million USD) in premiums.

Apart from its results, the Mauritian insurer has also unveiled its strategic plan “MUA Ambition 2020”. The roadmap rests on two pillars: technological innovation and customer satisfaction.

Read also :

• The Mauritian insurance market: 2012-2016