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Sagicor Financial Company Ltd. (Barbados)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers | Pension Funds
Full name: Sagicor Financial Company Ltd. Profile Updated: June 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sagicor Financial Company Ltd. is a widely-held publicly-traded company located in Bridgetown. It was incorporated on an unspecified date. Sagicor has a history of transforming from a local single-line life insurance company to a financial services group with a solid regional base. It has expanded into the international financial services market and currently operates in 22 countries, including the USA and Latin America. Sagicor offers a wide range of financial solutions, including life insurance, annuities, and group and individual health. The company has total assets of US $7.3 billion and $1.135 billion in equity. It has over 36,000 shareholders and is listed on the Toronto Stock Exchange. Sagicor's vision is to be a great company committed to improving the lives of people in the communities in which it operates. The company also provides financial and voluntary assistance to various organizations and institutions, primarily in the areas of health, education, youth and community development, and sports.

Headquarters
Sagicor Corporate Centre Wildey
Bridgetown; Bridgetown;

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Website: http://www.sagicor.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2002
Key Executives
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President
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President
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President
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President
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Vice President
Ownership Details
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65.28%
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8.33%
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3.33%
Subsidiaries
Laurel Life Insurance Company (United States)
100%
Loj Holding Ltd (Jamaica)
100%
National Insurance Company Ltd (Trinidad and Tobago)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
133.23%
Operating profit (EBIT)
2187.23%
Net Profit (Loss) for the Period
-17.44%
Total assets
108.72%
Investments
3.49%
Receivables
4.23%
Total equity
74.02%
Net Premiums Earned Trend
N/A
Net Profit Trend
23.75%
Return on Equity (ROE)
-5.57%
Underwriting Expenses Ratio
-414.12%

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