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TheInsuranceIndustryinMauritius-WorldBank.pdf

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TheInsuranceIndustryinMauritius-WorldBank

Financial Sector Development World Bank The Insurance Industry in Mauritius Dimitri Vittas The insurance industry is relatively well developed in Mauritius. Its success underscores the benefits of operating in an environment of macroeconomic stability and sound regulation, free from the pervasive premium, product, investment and reinsurance controls that have bedeviled the insurance markets of so many developing countries around the world. World Bank Policy Research Working Paper 3034, April 2003 The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the view of the World Bank, its Executive Directors, or th