- Most Mauritius captive owners have links to Africa
- New legislation permits pure captives to write third party risk
- Big focus on anti-money-laundering efforts
Despite being one of the biggest insurance centres in Africa, Mauritius is keen to enhance its reputation as a global financial hub and continue captive expansion in the domicile and recently allowed pure captives to write third party risk.
In order to do this, the jurisdiction is in discussions with the World Bank on a new reinsurance framework that Mauritius hopes will further develop its place on the international stage.
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