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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.

WHO WE ARE

A Regional Financial Services Leader

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.

OUR STRENGTHS

Built On Solid Foundations

Market Relevant Experience

Over seven decades of proven expertise in the Mauritian market and more than a century of experience in East Africa, giving us deep insight into local and regional needs.

Financial Strength

A robust capital base, disciplined risk management, and a strong reserve fund that safeguards our ability to honour claims and deliver on our promises.

Reinsurance Capacity

Access to leading international reinsurers ensures we can support large and complex risks across all our markets with confidence and stability.

OUR SERVICES

Insurance & Financial Solutions

Financial Solutions

MUA At A Glance

The numbers that define our footprint across the region.

772
Team Members
> 30
Branches
2,254
Shareholders
> 73
Years Of Experience In Mauritius
> 100
Years Of Experience In East Africa
OUR HISTORY

Milestones That Shaped Us

1948

On the 26th July, MUA is officially incorporated & started operating at 13, Sir William Newton Street, Port-Louis.

1949

MUA democratized Life Assurance by launching insurance plans at only Rs 2 per month.

1971

We were the first to introduce household comprehensive insurance cover to Mauritian people.

1975

We moved to our new offices at 4, Leoville L'Homme Street, Port-Louis.

1976

Introducing IT systems in the finance & accounts department.

1981

Good Harvest became an accredited agent of MUA.

1992

Opening of our first regional branch at Flacq.

1993

MUA is quoted on the Stock Exchange of Mauritius.

1998

Inauguration of our new Headquarters at Léoville L'Homme Street, Port Louis.

2003

Excellent financial performance of MUA, whereby the reserve fund reached the billion rupee mark.

2007

Products launched: Investment Plus, Bonne Santé, Golf insurance and Electro insurance.

2008

Opening of 2 new branches in Grand-Bay and Rose-Hill. Celebration of our Diamond Jubilee.

2009

Acquisition of The National Mutual Fund Ltd.

2010

Acquisition of La Prudence (Mauricienne) Assurances Ltée.

2011

Our 2 core businesses are split under Mauritius Union General Insurance and La Prudence Life Insurance.

2014

Acquisition of Phoenix Transholding Africa with operations in Kenya, Tanzania, Rwanda and Uganda.

2018

Rebranding to MUA, with all the entities brought together under a single, strong brand.

2019

Launch of the Client Portal, allowing clients to manage their general insurance policies online.

2020

Acquisition of Saham Kenya which reinforces MUA's presence in East Africa.

2021

Integration of our operations in Kenya further reinforces our presence in the East African market.

INTERNATIONAL PARTNERSHIPS

Connected Across Africa

  • 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, giving our clients seamless coverage and support across the continent.

DISCOVER MORE

Values, Leadership & Purpose

Values & Purpose

Our vision, our purpose and our values in summary — the principles that guide everything we do.

Our Leadership

Get to know MUA's key leaders and the experienced team driving our strategy forward.

Social Purpose

MUA as a sustainable insurer: find out about our 3 pillars of social responsibility.