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Corporate ProfileSagicor Life Jamaica Limited (Sagicor) is the foremost life insurance company in Jamaica. The company commenced operations in 1970 as Life of Jamaica Limited, the first Jamaican-owned life insurance company and was the first life insurance company to be listed on the Jamaica Stock Exchange (JSE).
Since its inception, Sagicor has gained a solid reputation as a pacesetter, innovator and leader in the Caribbean life insurance industry. The company has been the market leader among life insurance companies in Jamaica.
The company markets:
- An extensive range of ordinary long term and equity linked insurance products;
- Group life, group health and personal accident plans;
- Group pension plans, with a portfolio of over J$26 Billion under management, making Sagicor the industry leader in the management of pension funds by life insurance companies in Jamaica.
Some of the company's other services include:
- Residential and commercial mortgages;
- Annuities;
- Real estate development and management;
- Investments management;
- Lease financing.
Subsidiaries of Sagicor Jamaica are:
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Sagicor Property Services Limited Property management |
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Sagicor Life of the Cayman Islands Limited Life Insurance & Annuities |
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Sagicor Pooled Investment Funds Limited Pension funds management |
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Employee Benefits Administrator Limited Pension administration |
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Sagicor Re Insurance Limited (Cayman) Property and casualty insurance |
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Pan Caribbean Financial Services Limited Investment Banking
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Sagicor Insurance Brokers Limited Facultative Brokerage |
The Sagicor Jamaica Group is a majority owned subsidary of the Sagicor Financial Corporation. The Sagicor Financial Group is a leading Caribbean financial services organization with operations in twenty two countries including Latin America and the United States. It is rated 'A' Excellent by AM Best based on its financial strength, strategic management and operating efficiency. Sagicor Financial Corporation is listed on the Jamaica, Barbados, Trinidad and Tobago, and the United Kingdom Stock Exchanges.
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