Captive Insurance

Captive insurance companies are created by parent firms to insure specific risks associated with their business operations. A captive allows the company to underwrite its own risks, providing greater control over cash flow and potentially reducing costs compared to using traditional insurers. In addition, captives often offer more tailored coverage, improved risk management, and flexibility in addressing gaps left by commercial insurance. Typically, a captive will insure risk for their parent and affiliate companies.

• Assistance with obtaining necessary licenses and registrations in Mauritius
• Guidance on regulatory requirements and compliance
• Ongoing compliance monitoring and reporting
• Support with regulatory filings and updates
• Back-office operations management
• Development and implementation of risk management strategies
• Continuous risk assessment and mitigation
• Act as Captive Insurance Agent vis-à-vis the authorities

• Partial tax exemption available for Global Business Corporations
• No capital gains tax and no withholding taxes
• Availability of 10-year tax holiday for Pure Captives
• Captive management solutions available from Mauritius
• Minimum capital requirement ranges from Mur 3,000,000 (USD 65,000) to Mur 10,000,000 (approx. USD 220,000) or its equivalent in any other fiat currency depending on the licence selected