Regulatory Alerts2025-01-01
Insurance (National Insurance Claims Database) Rules 2025
The Financial Services Commission of Mauritius has issued the Insurance (National Insurance Claims Database) Rules 2025 to standardize the reporting, processing, and settlement of motor insurance claims through a centralized digital platform. Insurers are mandated to register and update claim details within two business days, generate claims history certificates for underwriting, and maintain strict data accuracy and security compliance. The Rules establish a monthly multilateral settlement process via the Bank of Mauritius, require dedicated bank accounts with a MUR 1 million minimum balance, and impose an annual fee of MUR 26,400 effective from 22 September 2025.
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