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Middlesea Valletta Life Assurance Company Limited
About MSV
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History
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Company History
HistoryThe operational history of Middlesea Valletta Life goes back to January 1983 when Middlesea Insurance p.l.c became the first Maltese Insurance Company to write life business by setting up a Life Department writing both Individual and Group Life business. In September 1994, Middlesea Insurance in conjunction with Bank of Valletta and Munich Re announced the formation of Middlesea Valletta Life Assurance Co. Ltd.

Bancassurance
Middlesea Valletta Life together with Bank of Valletta successfully established a pioneering Bancassurance operation in Malta through the Bank’s network of 53 branches.

Subsidiaries
In 1997 Middlesea Valletta Life Assurance Co. Ltd set up a wholly owned subsidiary company - Growth Investments Limited.

The Company was established for the purpose of:

  • Marketing collective investment funds in the local market;
  • Providing back-office services to its parent company in connection with Linked Long-Term Contracts of Insurance;
  • Acting as a financial intermediary for securities listed on the Malta Stock Exchange;
  • Acting as a selling agent for primary listings of local corporate securities.

Growth Investments Limited is:

  • Malta's exclusive representative of Fidelity Funds SICAV - an open-ended investment company established and regulated in Luxembourg;
  • Authorised to provide investment services in terms of the Investment Services Act 1994 and is licensed, regulated and supervised by the Malta Financial Services Authority;
  • To act as a tied insurance intermediary in terms of the Insurance Intermediaries Act (Cap.487);
  • Authorised to act as a financial intermediary in accordance with the Malta Stock Exchange Bye-Laws;
  • An authorised Treasury Agent for primary issues of Malta Government securities.

For more information on Growth Investments Limited view the web site on www.growth-investments-online.com

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