The Mauritius Financial Services Commission has issued a circular requiring all insurers licensed under Section 11 of the Insurance Act 2005 to submit quarterly insurance returns under International Financial Reporting Standard 17. The new reporting must follow a prescribed Excel template and covers the statement of financial position, statement of profit and loss, statement of number of policies written and claims paid, and statement of minimum capital adequacy requirement. Returns must be filed electronically through the FSCOne platform no later than 45 days after the end of each quarter, with deadlines moving to the next business day where the due date falls on a non-business day. Insurers may complete only the template's Data Input sheet and may not alter the format. Each submission must carry digital signatures from at least two approved officers using valid certificates that comply with the FSC's digital signature guidelines. Professional reinsurers must submit separate returns for long-term and general insurance business, using the suffixes LT and GI respectively. Figures must be reported at exact value without rounding and, while not required to be audited, must meet management information standards for quality, accuracy and reliability. The Commission may request clarifications, supporting information or corrections, reject incomplete or inaccurate submissions, and take regulatory action for missed filing deadlines. The first submission is due for the quarter ending 30 June 2026.

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