The Mauritius Union Group operates in the insurance sector, through Mauritius Union Assurance Company Ltd for General Insurance and La Prudence (Mauricienne) Assurances Ltée for Life Insurance. The Group also holds 3 subsidiaries: Feber Associates and National Mutual Fund (NMF) Ltd are two fully owned subsidiaries. Feber Associates specialises in Group Pension Schemes and, NMF Ltd is a Fund Management company which specialises in "unit trusts".Associated Brokers (ABL) Ltd is owned at 80 percent by the Group. ABL is a member of the Stock Exchange of Mauritius and deals with stock broking services.