Insurance: Rogers and Swan merge their operations, becoming No. 1 industry in Mauritius

14 years, 6 months ago - October 14, 2011
Insurance: Rogers and Swan merge their operations
Rogers and Swan groups announced the merger of their insurance business, their brokerage firms and their portfolio management.

The merger of Rogers and Swan focuses on billions of rupees but nobody at this stage does not want a guess. It concerns the business of life insurance and general insurance in both groups. In the last financial statement of the Swan Group, published in December 2010, the group leader in the insurance industry in Mauritius, announced profits Rs 203.7 million in total premiums collected Rs 2.9 billion against Rs 2.5 billion in 2009. The express. mu did not find the financial results for Cim Rogers Insurance Group, formerly known as the Albatross Company, until May 2010. This merger Rogers-Swan is, at least, upset the hierarchy of the insurance companies where the Mauritius Union, was considered the Number One addition to the insurance companies, both groups also merge their companies, stockbrokers and portfolio managers. Another development that will distribute the cards in these areas.

 

Text by lexpress.mu
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