MUA
IN SEYCHELLES
OVERVIEW OF MUA IN SEYCHELLES

MUA is a regional financial services company committed to providing innovative insurance and financial solutions for communities in Mauritius, across East Africa and the Seychelles. Our international expertise, track record for innovation, global reach, and reinsurance capacity, makes MUA your trusted insurance partner. We have been serving the Seychelles since 2011, with a focus on general insurance products for individual and business clients. 

OUR
STRENGTHS
MARKET RELEVANT EXPERIENCE
FINANCIAL STRENGTH
DIGITAL INNOVATION
OUR
SERVICES
INSURANCE SOLUTIONS
MOTOR
Domestic Package
HEALTH
TRAVEL
MUA Seychelles
AT A GLANCE
38
EMPLOYEES
2
BRANCHES
> 100
YEARS OF EXPERIENCE IN EAST AFRICA
OUR
HISTORY
1912
1912

Mr. R.W. Grater from Phoenix Assurance Company UK appointed to run the company’s agency in Nairobi, becoming one of the first foreign insurance companies to be represented in East Africa.

1954
1954

A full branch of the company was eventually established in Nairobi in 1954. The company grew rapidly and Phoenix ranked high among the leading companies in the region.

1969
1969

Phoenix of East Africa Assurance Company Ltd. was formed in partnership with the local agent A. J. Miller & Sons Ltd. Initially, Kenyans only held 11% of the shares. By 1980 the Kenyan participation had grown to one-third to the shareholding.

1990
1990

Phoenix of East Africa Assurance and the Sun Alliance Group U.K. merged in the United Kingdom and the Kenyan operation was renamed Sun Alliance Insurance Company Limited.

1992
1992

The local shareholders took control of the company, reconstituted the company board and the name was reverted back to the original Phoenix of East Africa Assurance Company Limited (PEAL) resulting in the dawn of a new era for the company. The Company had a majority of local shareholders, with the Alibhai family holding 81% of the shares.

2006
2006

As a step towards becoming a regional insurer, Phoenix of Rwanda Assurance Company Ltd was licensed and began operating in 2006.

2011
2011

Launch of MUA’s operations in the Seychelles

2014
2014

Following regulatory changes which came into effect in 2012, the Alibhai family sold their shares to Mauritius Union (now MUA), a leading insurance company in Mauritius, which was established in 1948. The group now employs over 790 people, with agencies and branches in Mauritius, the Seychelles, Rwanda, Tanzania, Uganda and Kenya.

2018
2018

The various subsidiaries of the Mauritius Union group, including Phoenix of Rwanda Assurance Company Ltd, came together under a single, regional and dynamic insurance brand – MUA.

INTERNATIONAL
PARTNERSHIPS
  • 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 over insurance companies and insurance networks across Africa;

  • MUA is the exclusive member of Globus in Mauritius and Seychelles. Globus is a Pan-African network of over 50 leading insurance companies.
     

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VALUES & PURPOSE

Our vision, our purpose and our values in summary

OUR TEAM

Get to know MUA's key leaders

INVESTORS RELATIONS

find all the key elements, financial data and detailed documents