To the rhythm

of Africa

Annual Report 2022

Mauritius. Seychelles. Kenya. Tanzania. Rwanda. Uganda.

DIFFERENT NOTES, DISTINCT RHYTHMS, ONE FLOW

Throughout the continent resound pulsating aspirations, melodious determination and pitch-perfect objectives that converge into one ensemble. Our goal at MUA is to help raise the volume of this great African symphony that is the result of our vibrant & interconnected cultural landscape. We are committed to help orchestrate growth and prosperity for all.

Chairman's

report

2022 was a year characterised by economic turbulence and geopolitical tensions. MUA was not immune to the impacts of volatile equity markets, rising interest rates and especially of unexpected high inflation which led to higher cost of claims.

Dominique Galea

Group Chairman

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Dominique Galea

financial

highlights

Group Revenue (Rs)

m
(FY 2021 Rs 6,840m)

Group PAT (Rs)

m
(FY 2021 Rs 415m)

Market Capitalisation (Rs)

bn
(FY 2021 Rs 7bn)

Solvency Ratio

%
(FY 2021 218%)
Dominique Galea

Group CEO’s Report

During 2022, Mauritius and the markets within which we operate in East Africa emerged positively from the health crisis. Hotels and flights were full, employees have returned to the office and we feel a return to a certain “normality”.

Joerg Weber

Group CEO

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