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Insurance Corporation of Barbados Ltd. (Barbados)

Main Activities: Direct Life Insurance Carriers | Direct Property and Casualty Insurance Carriers | Reinsurance Carriers
Full name: Insurance Corporation of Barbados Ltd. Profile Updated: April 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Insurance Corporation of Barbados Ltd. (ICBL) is a leading insurance company in Barbados. Established in 1978 as a statutory organization and later privatized in 2000, ICBL is now a fully composite company offering a wide range of insurance services. These services include individual life and health insurance, annuities, pensions, motor insurance, property insurance, and casualty insurance. ICBL's financial stability and capital reserves exceed statutory requirements, establishing a strong reputation in the region's financial sector. The company is committed to corporate social responsibility and has made significant contributions to the development of Barbados' youth and social development. ICBL also focuses on public health and wellness, advocating for healthy living and green practices. The company values integrity, continuous improvement, collaboration, and courage, and strives to meet the needs of its customers by providing innovative solutions.

Headquarters
Roebuck Street
Bridgetown; Bridgetown;

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Website: http://www.icbl.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1994
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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56.98%
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9.93%
Subsidiaries
Hamilton Financial Limited (Saint Lucia)
57.1%
Company Performance
Financial values in the chart are available after Insurance Corporation of Barbados Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BBD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-80.96%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-12.37%
Investments
-17.46%
Total equity
-2.4%
Net Premiums Earned Trend
N/A
Net Profit Trend
13.06%
Return on Equity (ROE)
N/A
Underwriting Expenses Ratio
31.93%

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