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2009年12月16日星期三

British American Investment - BAI launches all-embracing CSR programme

Diabetes analysis for Sansjiv Nuckchady, CEO of BAI Co. (Mtius) LtdStore this angel in big size(Curepipe, Mauritius) – BAI Co. (Mtius) Ltd, the arch provider of activity allowance in Mauritius, has just launched a all-embracing Corporate Social Responsibility (CSR) Programme to abutment several association projects on the island.
The CSR programme focuses on three key elements: Health, Education, and Empowerment of women.
Launching the programme, Sansjiv Nuckchady, CEO of BAI said the aggregation believes the time is appropriate to accession the akin of association activities and accomplish an even bigger aberration to the lives of the Mauritian people.
“That’s why we accept restructured our amusing initiatives beneath one individual awning that is in band with accumulated aesthetics – to be at the centre of life,” he said.
The aggregation aswell active a Memorandum of Understanding (MoU) with the Mauritius Diabetes Association (MDA) to abutment the aboriginal aspect of the programme, Health.
“We all are acquainted of the calamity wrought by diabetes on our island. This affliction affects one out of every 5 Mauritian families. And the sad accuracy is that if we do amalgamate our efforts to accouterment this situation, the ache will abide to flourish,” he added.
Mauritius has the accomplished prevalence of diabestes in the world, with one out of every 5 developed aloft the age of 30 adversity from the ailment.
This is why, Mr Nuckchady explained, BAI takes its amusing albatross seriously.
“Indeed, it has been at the affection of what we accept been accomplishing over the accomplished 40 years. This is why BAI has created the HealthSense policy, which offers activity awning and abiding extenuative for humans with controlled diabetes; humans who would not commonly be acquiesce the befalling of such cover,” he explained.
Dr Veenoo Basant Roi, President of the Mauritius Diabetes Association (MDA), said the organisation was created in 1981 to abutment humans who were adversity from the ache of diabetes.
“We abode diabetes, the a lot of austere claiming this country faces, and we accept to plan calm with everyone. Today some 22% of the Mauritian citizenry aloft the age of 30 suffers from diabetes. We all accept our allotment to play to action it. I congratulate BAI for this above action and I’m abiding our two organisations will use our corresponding assets for the account of the association at large,” said Dr Basant Roi.
With the MDA, BAI will admit nation-wide action to abode problems such as diabetes blockage (through sensitisation campaigns), renal abortion (through abutment to dialysis centres) and to the civic claret case (through claret donation events).
BAI will aswell organise a alternation of activities such as testing above the MDA’s digital centres and alpha the assembly of patient’s ID cards.

Javed Bolah
Media and Communications Manager
25, Pope Henessy Street, Port Louis
Mauritius
Tel: (+230)202-3600
Email: jbolah@bai.intnet.mu

BAI Co.(Mtius) Ltd, aforetime accepted as British American Insurance Co. (Mtius) Ltd, is the better provider of activity allowance provider in Mauritius, with a about 30% allotment of the market. With operations in Mauritius and Rodrigues, BA Insurance’s able focus on chump account ensures that audience accept affable and able specialist admonition on the best way to accommodated their allowance and investment needs.
BAI sells added than 15 allowance and retirement and award schemes. The aggregation launched the avant-garde BA Lady arrangement – the aboriginal banking artefact in Mauritius advised abnormally for women.
As able-bodied as seven branches, BAI has three offices in Mauritius which are alone committed to chump service. BAI has toll-free blast numbers, accessible 12 hours a day.

British American Investment - BAI launches aboriginal Islamic allowance cover

Store this angel in big size(Curepipe, Mauritius) – BAI Co. (Mtius) Ltd, the arch provider of activity allowance in Mauritius, appear today that it has launched the aboriginal allowance action in Mauritius which complies to the Islamic Shariah regulations.
Called ‘BAI Takaful’, this avant-garde allowance action will accomplish beneath the administration of a Shariah Board absolute two Malaysian experts in Islamic finance.
“BAI Takaful is the aboriginal allowance action that conforms to Sharia principles,” said CEO Sansjiv Nuckchady. “Our aim is to action Mauritians, and Muslims in particular, a artefact that offers all the accord of apperception and allowances of a accepted allowance policy, after accepting to accommodation their faith.”
Shariah has austere rules that do not acquiesce the action of advance in anchored assets instruments and those that accept investments in banned (haraam) articles and services.
Conventional allowance is said not to absolutely accommodate to the Shariah as it involves the elements of ambiguity (Al-gharar) in the arrangement of insurance, bank (Al-maisir), as the after-effects of the attendance of ambiguity and absorption (Al-riba) in investment activities.
Mr Nuckchady said: “BAI is today the aboriginal aggregation in Mauritius to action Islamic insurance, just as it was the aboriginal to action BA Lady, the aboriginal allowance action alone meant for women. We are assertive that, with BAI Takaful, policyholders will account from advantages of an allowance artefact that are able aural the Islamic framework. ”
While the abstraction of Islamic accounts is new to Mauritius, this was formally alien abroad in the 1970s and 1980s. Today, there are 250 firms from some 50 countries operating in this area and managing funds of USD200 billion.
So what is BAI Takaful and how does it work? Unlike accepted allowance area the accident is confused from the policyholder to the allowance company, BAI Takaful is a anatomy whereby accident is aggregate amid all policyholders.
BAI Takaful is a unit-linked award allowance awning which allows participants to pay a individual minimum exceptional of Rs50,000 into a basin alleged the Takaful Fund. The affiliated contributions are invested carefully in Shariah-compliant investments and any profits are broadcast aback to the Takaful Fund.
The armamentarium is acclimated to pay claims (death, disability) and ability allowances are paid to shareholders at the appellation of the action (between 5 to 30 years).
With the barrage BAI Takaful, said Mr Nuckchady, BAI continues to body on its history as a avant-garde in the country and the region.
“BAI’s administration has a aesthetics of acting responsibly and accouterment above account to companies and consumers,” he said. “We accept a accustomed adeptness to acquaint avant-garde and culturally acute articles focused on bounded bazaar conditions. We accept that this will enhance the all-embracing development of Islamic accounts in the country.”
He added that BAI Takaful allowances from BAI’s acclimatized all-around underwriting standards and 40 years of acquaintance in carrying avant-garde allowance solutions to the Mauritian and bounded communities.

About BAI
With a portfolio of added than 100,000 behavior in force, 20 custom-built allowance and investment articles and nine locations about Mauritius, BAI Co.(Mtius) Ltd. is a arch activity allowance provider on the island. It is a fully-owned accessory of the British American Investment Group.

Javed Bolah
Media and Communications Manager
25, Pope Hennessy Street,
Port Louis
Mauritius
Tel: + (230) 202-3600; Cell: + (230) 252-7810
Email: jbolah@bai.intnet.mu