Mauritian Eagle Insurance
| Positioning |
| Mauritian Eagle Insurance with a Group turnover of more than Rs 1 Billion and a gross premium income of Rs 750Million since 2007, Mauritian Eagle Insurance is recognised as one of the leading insurance companies in Mauritius. Mauritian Eagle Insurance's inherent financial strength is due mainly to its strong capital base and sound reinsurance arrangements. |
| History & Shareholding |
Mauritian Eagle Insurance was incorporated in December 1973 and started its operations in January 1974. |
| Mauritian Eagle Insurance started as a joint venture between Ireland Blyth Limited (80%), one of the biggest groups on the island, and South African Eagle Insurance Co Ltd (20%), presently a member of the Zurich Financial Services Group. |
| Mauritian Eagle Insurance was listed on the Stock Exchange of Mauritius in 1993 and the shareholding profile changed to 60% of the equity for Ireland Blyth Limited, and the remaining 40% held by South African Eagle Insurance Co Ltd (15%) and the public (25%) respectively. |
| Mauritian Eagle Insurance acquired a 20% stake in H Savy Insurance Co. Ltd in the Seychelles, as well as detaining a 51% stake in Mauritian Eagle Leasing Co. Ltd. |
| Products & Services |
Mauritian Eagle Insurance operates in both the domestic and commercial markets, transacting all classes of short term insurance. The company also offers several life assurances and pension plans. |
| Reinsurance arrangements are currently in force with recognised reinsurance companies such as Munich Re, Hannover Re Africa Ltd and Swiss Re among others. The company's actuaries are Belvidere Consultants (PTY) Ltd, B&W Deloitte and Hannover Life Re Africa Ltd. |
|
In October 2001, Mauritian Eagle Insurance through its subsidiary, The Mauritian Eagle Leasing Co. Ltd., launched its leasing operations with the main objective of providing finance leases to clients. The Mauritian Eagle Leasing Co. Ltd. also holds its license of deposit taking from the Bank of Mauritius and offers very competitive terms and conditions. |
| Commitment to International Standards |
Mauritian Eagle Insurance is the first insurance company in Mauritius to be awarded both the ISO 9001:2000 and the QM 9004 Certifications. These certificates were awarded, by SGS Systems & Certifications Services, in September 2003 and December 2004 respectively. |
|
Since February 2007, Mauritian Eagle Insurance is the first organisation in Mauritius and the Indian Ocean region to be awarded certification for the ISO 27001:2005 ISMS Standard. |
| |
 Contact |
1st Floor, IBL House, Caudan, Port Louis, Mauritius. |
caudan@mauritianeagle.com |
+230 203 2200 |
+230 203 2299 |