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The Insurers’ Association of Mauritius have issued its report for 2020 a few days befire the end of the same year.
Headed by Bertrand Casteres, the actual President of the Association, the report says that Insurance plays a crucial role in sustainable growth of an economy with a contribution to GDP of 2.6% but :-
For the long-term market, excluding pension and investment products, the penetration is quite low in spite of the requirement for a life insurance cover as a condition for obtaining mortgage facilities.Insurers Association of Mauritius Report 2020
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