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History

Jubilee Insurance (Mauritius) Ltd is a subsidiary of Jubilee Holdings Limited (JHL), which, through its subsidiaries, transacts all classes of short-term (General and Medical) and long-term (Life and Pensions) insurance business. JHL is listed on the Nairobi Stock Exchange since 2001 and cross-listed on the Uganda Securities Exchange and Dar es-Salaam Stock Exchange. Apart from being one of the oldest insurance groups in East Africa having been incorporated in 1937, Jubilee is the largest insurer in East Africa with total turnover in 2011 of USD 200 million and total assets worth USD 500 million.

The group is present in Kenya, Uganda, Tanzania, Burundi and the Republic of Mauritius.

The single, largest shareholder of JHL is the Aga Khan Fund for Economic Development (AKFED), an international development agency dedicated to promoting entrepreneurship and building economically sound enterprises in the developing world.

Jubilee Insurance (Mauritius) Ltd provides a range of general insurance covers for both corporate and individual, namely,

  • Motor Fleet Insurance
  • Fire and Allied and Burglary
  • Asset All Risk
  • Business interruption insurance
  • Employers Liability
  • Public Liability
  • Fidelity Guarantee
  • Directors and Officers liability
  • Professional Indemnity
  • Marine (hull and cargo)
  • Contractors/Erection All Risk
  • Contractors Plant and Machinery
  • Specialized cover available upon request

The reinsurers of Jubilee Insurance (Mauritius) Ltd are principally Munich Mauritius Reinsurance Company, Africa Reinsurance Corporation, and Arab Insurance Group. Further details can be found on the website www.jubileeholdings.com.

The growing staff contingent is made up of dedicated professionals with proven track records in the industry and are all committed to providing on the prompt and reliable service.

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