Captive Insurance Business
Mauritius is a premier domicile for captive insurance operations, offering a sophisticated regulatory framework, cost efficiency, and strategic positioning for risk financing.
A Captive Insurance Company is an insurance company established to insure or reinsure the risks of its parent company or group. Mauritius has established itself as an attractive captive insurance domicile, offering a mature regulatory framework under the Insurance Act and significant cost advantages.
Captive Structures
Mauritius supports pure captives, group captives, and cell captives (using the PCC structure) to provide captive access to multiple unrelated insureds.
Risk Classes
Mauritius captives can be licensed to underwrite property, liability, employee benefits, professional indemnity, trade credit, and specialty risks as approved by the FSC.
PCC Advantage
The Protected Cell Company structure is highly efficient for captive insurance, allowing multiple insureds or risk classes with complete asset segregation between cells.
Capital Requirements
Captive insurance companies must maintain minimum capital and solvency margins as prescribed by the Insurance Act and FSC regulations.
Licensing Process
Captive insurance licence applications are reviewed by the FSC with scrutiny of the risk programme, actuarial analysis, and governance arrangements.
Ongoing Compliance
Captive insurers must submit annual actuarial reports, audited accounts, and FSC regulatory returns.
Ready to establish your Business?
Our team will guide you through every step — from initial structuring advice through to incorporation, licensing, and ongoing administration.