Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review
Swan Life
On this page
Company details
- Legal name
- Swan Life Ltd
- Listing
- No ticker printed on the Stock Exchange of Mauritius, active (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · published summary of audited statements, final status not established · source
Read with these figures
- Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources
Published summary of audited statements for 2025: final status not established
Condensed audited financial statements issued 'For and on behalf of the Board of Directors' by Swan Corporate Affairs Ltd, Company Secretary, dated 31st July 2026 (typeset; PDF p1), as a communiqué under DEM Rule 18 and the Securities Act 2005 (p2). The opening sentence says they are presented 'as audited by KPMG', but no auditor's report, opinion, signature or audit report date is printed.
Source: Condensed Audited Financial Statements - Year Ended December 31, 2025 (dated 2026-07-31)
2025, 2024: figures from a published summary
These columns come from a summary of the audited statements, not the full audited financial statements. 'The condensed audited financial statements have been extracted from the audited financial statements for the year ended December 31, 2025 which have been prepared using the same accounting policies as set out in the audited financial statements for the year ended December 31, 2025.' (p1) No auditor's report on the summary is printed; the summary states 'The Directors are pleased to present the condensed audited financial statements of the Group and the Company for the year ended December 31, 2025, as audited by KPMG.' and '(a) Basis of Accounting: The condensed audited financial statements have been extracted from the audited financial statements for the year ended December 31, 2025 ...' (p1) Group and Company statements of financial position (with a restated Jan 1, 2024 column), profit or loss and OCI, changes in equity and cash flows (pp1-2). Condensed lines: no asset breakdown (total assets only); equity split into share capital and one reserves line; liabilities into insurance contract, reinsurance contract and 'Non Insurance' liabilities; the income statement prints insurance revenue, insurance service results, profit before tax, tax, profit and OCI only (no insurance service expense, investment or finance lines); the cash-flow statement prints only the three activity totals, the net change, opening and closing cash and exchange effects.
Source: Condensed Audited Financial Statements - Year Ended December 31, 2025 (dated 2026-07-31)
-
Insurance revenue
MUR 2.44 billion
2,436,862 MUR thousands · p1
+8.1% vs 2024
Printed as 'Insurance revenue' (IFRS 17), condensed Group statement of profit or loss (p1).
-
Insurance service results
MUR 664 million
663,885 MUR thousands · p1
+62.4% vs 2024
Printed as 'Insurance service results' (p1).
-
Profit before Income tax expense
MUR 1.16 billion
1,157,430 MUR thousands · p1
+38.7% vs 2024
Printed as 'Profit before Income tax expense' (p1).
-
Profit for the year
MUR 1.04 billion
1,036,613 MUR thousands · p1
+37.8% vs 2024
Printed as 'Profit for the year' (p1).
-
Total assets
MUR 76.6 billion
76,617,944 MUR thousands · p1
+7.6% vs 2024
Condensed Group statement of financial position (p1).
-
Total equity
MUR 6.71 billion
6,710,765 MUR thousands · p1
+16.3% vs 2024
Condensed Group statement of financial position (p1).
Large amounts are rounded for reading (MUR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MUR thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — published summary of audited statements (summary), final status not established; reported for the year · source
- FY2024 — published summary of audited statements (summary), final status not established; comparative in the FY2025 filing · source
- 2025, 2024: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The condensed audited financial statements have been extracted from the audited financial statements for the year ended December 31, 2025 which have been prepared using the same accounting policies as set out in the audited financial statements for the year ended December 31, 2025.' (p1) No auditor's report on the summary is printed; the summary states 'The Directors are pleased to present the condensed audited financial statements of the Group and the Company for the year ended December 31, 2025, as audited by KPMG.' and '(a) Basis of Accounting: The condensed audited financial statements have been extracted from the audited financial statements for the year ended December 31, 2025 ...' (p1) Group and Company statements of financial position (with a restated Jan 1, 2024 column), profit or loss and OCI, changes in equity and cash flows (pp1-2). Condensed lines: no asset breakdown (total assets only); equity split into share capital and one reserves line; liabilities into insurance contract, reinsurance contract and 'Non Insurance' liabilities; the income statement prints insurance revenue, insurance service results, profit before tax, tax, profit and OCI only (no insurance service expense, investment or finance lines); the cash-flow statement prints only the three activity totals, the net change, opening and closing cash and exchange effects.
Income statement
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Insurance revenue | 2,436,862 | 2,254,155 |
| Insurance service results | 663,885 | 408,801 |
| Profit before Income tax expense | 1,157,430 | 834,671 |
| Income tax expense | (120,817) | (82,253) |
| Profit for the year | 1,036,613 | 752,418 |
| Other comprehensive income for the year, net of tax | 88,253 | 141,050 |
| Total comprehensive income for the year | 1,124,866 | 893,468 |
| Non-controlling interests1 | 87,986 | 75,394 |
Notes and alternative reported figures (1)
- “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Share of profit for the year attributable to non-controlling interests (p1).
Balance sheet
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Total assets | 76,617,944 | 71,229,861 |
| Share capital | 26,322 | 26,322 |
| Reserves1 | 5,970,096 | 5,145,202 |
| Owners' interest | 5,996,418 | 5,171,524 |
| Non-controlling interests | 714,347 | 596,720 |
| Total equity | 6,710,765 | 5,768,244 |
| Insurance contract liabilities | 49,672,003 | 46,890,166 |
| Reinsurance contract liabilities | 87,291 | 96,202 |
| Non Insurance liabilities2 | 20,147,885 | 18,475,249 |
| Total liabilities | 69,907,179 | 65,461,617 |
| Total equity and liabilities | 76,617,944 | 71,229,861 |
Notes and alternative reported figures (2)
- “Reserves” is an issuer-specific line, not mapped to a shared definition: All reserves attributable to owners (retained earnings, non-distributable, amalgamation and other reserves), printed as one line (p1; split in the statement of changes in equity, p2).
- “Non Insurance liabilities” is an issuer-specific line, not mapped to a shared definition: All liabilities other than insurance and reinsurance contract liabilities, printed as one line (p1).
Cash flow
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Net cash generated from operating activities | 2,734,088 | 5,115,041 |
| Net cash used in investing activities | (5,716,535) | (3,027,632) |
| Net cash generated from/(used in) financing activities | 2,035,207 | 217,587 |
| (Decrease)/Increase in cash and cash equivalents | (947,240) | 2,304,996 |
| At January 1, | 7,196,719 | 4,624,592 |
| Effects of exchange rate changes | (152,893) | 267,131 |
| At December 31, | 6,096,586 | 7,196,719 |
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
No dividend statement or amount collected.
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Condensed Audited Financial Statements - Year Ended December 31, 2025
Year ended 31 December 2025 · Published summary of audited statements (summary) · final status not established
Audit: KPMG (named in the opening sentence, p1) (named); no auditor's opinion on the full statements in this document
Final status: Condensed audited financial statements issued 'For and on behalf of the Board of Directors' by Swan Corporate Affairs Ltd, Company Secretary, dated 31st July 2026 (typeset; PDF p1), as a communiqué under DEM Rule 18 and the Securities Act 2005 (p2). The opening sentence says they are presented 'as audited by KPMG', but no auditor's report, opinion, signature or audit report date is printed.
- Document date
- 31 Jul 2026
- Auditor's report
- date not recorded
- Board approval
- date not recorded
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · MUR thousands (printed “Rs'000”)
- Balance-sheet figures are detached from their labels in the PDF text layer; rows are read in printed order after the figures of the row above (label_note/preceded_by), placement checked on the p1 render.
- Insurance revenue is placed within 'Insurance service results', whose other components (insurance service expenses, reinsurance result) are not printed in the summary, so the is.insurance_service_result check fails structurally for both years; not an issuer inconsistency (p1).
- Comparatives (Dec 31, 2024 and Jan 1, 2024) are marked 'Restated'. The Group statement of changes in equity shows 'Prior year errors' of 601,837 at January 1, 2025 and 610,679 at January 1, 2024 (Rs'000), mainly in the non-distributable reserve (679,676) and retained earnings (p2). No explanatory note is printed.
- No auditor's report on the summary is printed; the summary states 'The Directors are pleased to present the condensed audited financial statements of the Group and the Company for the year ended December 31, 2025, as audited by KPMG.' and '(a) Basis of Accounting: The condensed audited financial statements have been extracted from the audited financial statements for the year ended December 31, 2025 ...' (p1)
- Group and Company statements of financial position (with a restated Jan 1, 2024 column), profit or loss and OCI, changes in equity and cash flows (pp1-2). Condensed lines: no asset breakdown (total assets only); equity split into share capital and one reserves line; liabilities into insurance contract, reinsurance contract and 'Non Insurance' liabilities; the income statement prints insurance revenue, insurance service results, profit before tax, tax, profit and OCI only (no insurance service expense, investment or finance lines); the cash-flow statement prints only the three activity totals, the net change, opening and closing cash and exchange effects.
Technical details
- File
- 2 pages, with a text layer
- SHA-256
319f04fc00401dc248b09d27a124435e13ba7082156c61b3f7bbf15ba7bbb473- Entity as printed
- Swan Life Ltd
- Exchange copy
- retrieved 2026-10-08T18:03:26Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (17 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.