 Mauritian Eagle Insurance acquire a 15% stake in H.Savy Insurance. September 01, 1996
H. Savy Insurance Ltd (H.S.I) was established in 1995 following the liberalisation of the insurance industry in Seychelles, being the first privately owned insurer competing with the state owned insurance company.
The shareholders of H.S.I. Co are Corvina Investments (Seychelles), Hannover Reinsurance Co (Mauritius), Mauritian Eagle Insurance Co. Ltd. and Harry Savy & Co (Seychelles).
This 15% share were subsequently increased to 20% during the year 2005. |
