Home Tag "Sagicor Group Jamaica Limited"

Sagicor Group Jamaica Reporting 33% Revenue Jump For Q2 2019 to JA$42.59B.

The Directors of Sagicor Group Jamaica Limited (SGJ or the Group) are reporting for the six months ended June 2019 that revenue grew by 33%, moving from JA$32.02 billion in 2018 to JA$42.59 billion in 2019. The Group is also reporting net profit attributable to stockholders of JA$6.39 billion, or $1.64 per share, which was […]

JMMB Group Net Profit Up by 17%

Sagicor Investments To Acquire 60% Stake In Advantage General Insurance For US$30.3M or JA$3.9B

Sagicor Investments Jamaica (SIJ) today announced that the company will be acquiring a sixty-percent stake in Advantage General Insurance Company Limited (AGIC) from NCB Capital Markets Limited, a subsidiary of National Commercial Bank Jamaica Limited. The acquisition, subject to all regulatory approvals, is expected to be finalized in the coming months. Upon closing, the transaction […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill

Mark Thompson CEO of AGIC, Secures 34% Stake Valued at US$17.2M In Company, As NCB Capital Markets Sells It To Sagicor Investments Jamaica

Sagicor Group Jamaica Limited (SJ) has advised that Sagicor Investments Jamaica Limited (SIJL) will be acquiring a sixty-percent stake in Advantage General Insurance Company Limited (AGIC) from NCB Capital Markets Limited, a subsidiary of National Commercial Bank Jamaica Limited. The acquisition, subject to all regulatory approvals, is expected to be finalized in the coming months. […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill

Sagicor Group Jamaica Enters Micro-Finance Business

Sagicor Group Jamaica Limited (SJ) has advised that SJ has embarked on a new strategic alliance with Guardsman Group Limited, which will leverage Guardsman Group’s existing micro finance business, Travel Cash Jamaica Limited. “This alliance was achieved through the incorporation of a new company in which Sagicor Group Jamaica Limited acquired 51% shareholding and the […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill

Sagicor Financial Corporation To Be Acquired By Alignvest Acquisition II Corporation And Be Publicly-Listed On The Toronto Stock Exchange.

Sagicor Group Jamaica Limited has advised that its parent company, Sagicor Financial Corporation Limited, which has a 49.11% interest in Sagicor Group Jamaica, intends to enter into two significant transactions. The first transaction will see the acquisition of all the shares in Scotia Jamaica Life Insurance Company Limited. This as Scotiabank Jamaica has agreed to […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill

Share of Earnings from Sagicor Lifts PanJam Investment’s Half Year Results

PanJam Investment’s recorded net profit for the six-month period ended June 30, 2017 11% higher than the comparable period last year, largely resulting from stronger share of results of associated and joint venture companies, led by Sagicor, and improved property results. Share of earnings from Sagicor for the period increased by $425 million or 32% […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill

Christopher Zacca To Assume Leadership Of Sagicor Group Jamaica, Richard Byles To Assume Chairmanship Of The Company

It’s official. Come May 1, businessman Christopher Zacca will assume leadership of Sagicor Group Jamaica as President and CEO and current President and CEO, Richard Byles will assume the Chairmanship of the company. Making the announcement at a press conference yesterday, follows earlier reports in the media, Sagicor Chairman Danny Williams said Byles would assume […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill

Sagicor Group Jamaica Increasing Hold On 138 Student Living Jamaica -Updated

Sagicor Group Jamaica Limited has acquired an additional 40,163,969 shares in 138 Student Living Jamaica Limited via its Sagicor Pooled Equity Fund bringing the total percentage holding to 21.88%. Sagicor Group Jamaica closed at JA$30.00 a 31cents or 1.04% gain today on the Jamaica Stock Exchange.   Sagicor Group Jamaica Limited Advises of the Acquisition […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill