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 Insurance - Classes of Insurance Business in Mauritius which coverage of risks relating to various classes of insurance business.

Class of Insurance Business Amount
General Insurance Business US$ 200,000 or equivalent in another currency
Long Term Insurance Business US$ 250,000 or equivalent in another currency
Reinsurance Business US$ 300,000 or equivalent in another currency
Captive Insurance Business US$ l00,000 or equivalent in another currency

It should be noted that no insurer is allowed to transfer or amalgamate any of its insurance business without the approval of the Financial Services Commission.