Home Tag "Sagicor Financial Group"

JMMB Group Limited Announces Holdings in Sagicor Financial Company Ltd.

JMMB Group Limited (JMMB Group) has announced that it acquired 33,213,764 common shares of Sagicor Financial Company Ltd. (Sagicor), on December 5, 2019, upon the immediate conversion of 33,213,764 Class B shares of Alignvest Acquisition II Corporation (Alignvest), on a one-for-one basis. JMMB purchased the Class B shares from Alignvest, by way of a private […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

Financial Services Commission Green Lights Sale Of Advantage General Insurance Company By NCB Capital Markets

NCB Financial Group Limited (“NCBFG”) has announced that the Financial Services Commission has advised of its non-objection to the sale of shares in Advantage General Insurance Company Limited by NCB Capital Markets Limited (“NCBCM”). Advantage General Insurance Company Limited is a subsidiary of NCBFG, which is to be acquired by a consortium of investors led […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

Sagicor Group Records Another Solid Q1 Performance, Net Income Closing Up At US$38.9M

The Sagicor Group recorded another solid performance for the first three months to March 31, 2018, this as the Group’s net income closed the period at US $38.9 million against a prior year result of US $27.0 million. Net income attributable to shareholders was US$19.9 million compared to the prior year result of US $16.7 […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Sagicor Financial Corporation Reporting Improved EPS Of US 6.3 Cents Up From US 5.2 Cents Recorded In 2016 – McNamara

Stephen McNamara Chairman of The Sagicor Group is reporting improved earnings per common share (EPS) of US 6.3 cents up from the US 5.2 cents recorded in 2016. This as the Group maintained its solid performance from the first quarter into the second Quarter, recording net income of US$41.1 million for the six months ended […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Sagicor Group Reporting Solid Performance For The First Three Months

Stephen McNamara, Chairman of The Sagicor Group is reporting a solid performance for the first three months to March 31, 2017, recording increased group net income of US$23.4 million for the period, compared to the prior year result of US$22.3 million. He also indicated that higher administration costs were incurred as a result of the […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

Sagicor Group Reporting Reduced EPS of 4.4 US cents – McNamara

The Sagicor Group is reporting a solid performance for the first three months to March 31, 2017, recording increased group net income of US$23.4 million for the period, compared to the prior year result of US$22.3 million. Stephen McNamara, Chairman of the company, in his report to shareholders indicated that expenses amounted to US$115.1 million, […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

US Economy Grew Much Lower Than Expected While The Caribbean Was Very Mixed For 2016 – Stephen McNamara Chairman Sagicor Financial Corporation

The economic circumstances of the markets in which the Sagicor Group operated during 2016, showed little improvement over that of 2015. The US economy grew at a pace much lower than expected, while the situation in the Caribbean was very mixed. The performance of the Jamaican economy continued to show signs of improvement, while the […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Sagicor Financial Group Reporting A Solid 2016 Performance

Stephen McNamara Chairman of the Sagicor Financial Group is reporting a solid 2016 performance for the group with the performance of the Jamaican economy continuing to show signs of improvement, while the economy of Trinidad & Tobago slipped deeper into recession. The Group reported net income for 2016 closing at US $109.3 million, compared to […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors