Sagicor Q4 2020 Business Overview and Growth Strategy
Sagicor S
Over 180 years of building a regional insurance leader
through integration of strategic acquisitions
Acquisition of RBC
Jamaica was
Sagicor Bank
Acquisition of Island Life in Jamaica
and Nationwide Insurance Co of
Trinidad and Tobago
Acquisition of shares in Life of Jamaica
completed and operations
rebranded as Sagicor Bank
Acquisition of Laurel Life and American
Founders Life Insurance Co. in the U.S.
(rebranded as Sagicor Life Insurance Co.
Limited in 2006)
Acquired an additional 80% interest in PCFS,
garnering a controlling stake
Establishment of
Barbados Mutual Life
Assurance Society
("BMLAS")
Acquisition of 23%
interest in Life of
Barbados (majority
acquired in 2002)
2002
2001
2000
1999
1840
Acquisition of Sagicor Jamaica and
an interest in Pan Caribbean
Financial Services (PCFS)
2005
2014
Launch of affiliate
reinsurance subsidiary
Redomiciliation to
Bermuda
2016
Demutualization of BMLAS to Sagicor Life
Inc. and establishment of Sagicor Financial
Corp (SFC) holding company
IPO of SFC shares on
Barbados Stock Exchange
2019
Equity raise and
Toronto Stock
Exchange Listing
2020
Total assets evolution
1990
$154 million
2001
$875 million
2016
$6.5 billion
2018
$7.3 billion
2020
$9.3 billion
Q4 2020
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