2007
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Listing on the London Stock Exchange.
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2006
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Successful US$150 million Bond Offering on US Market.
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Sagicor Financial shareholders approve the removal of share ownership restrictions.
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American Founders Life Insurance Company rebrands as Sagicor Life Insurance Company Limited.
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2005
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Life of Jamaica (LOJ) acquires majority interest in Pan Caribbean Financial Services. LOJ also purchases 50% of Employee Benefits A.
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Sagicor USA Inc acquires Laurel Life and its wholly owned subsidiary, American Founders Life Insurance Company.
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American Founders Life AM Best rating upgraded to “B++”.
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LOJ subsidiary, Sagicor Life of the Cayman Islands acquires 51% in Cayman General Insurance, rebranded Sagicor General.
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LOJ receives first AM best rating “A-” Excellent.
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2004
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Sagicor Financial Corporation lists on the Trinidad & Tobago Stock Exchange.
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Life of Jamaica (LOJ) acquires 20% of FamGuard Corporation in Bahamas.
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LOJ also acquired Global Life Insurance in the Cayman Islands which has since been rebranded Sagicor Life of the Cayman Islands.
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2003
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Sagicor Financial Corporation lists on the Barbados Stock Exchange.
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2002
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Sagicor launched successful Initial Public Offering.
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Policyholders voted overwhelmingly in support of demutualization and to change the name to Sagicor.
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Assets of the Group reach $US1 billion.
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Acquired majority ownership of Life of Barbados to become the leading insurance-based financial institution in the Region.
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2001
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Led a consortium to acquire the majority shareholding in Life of Jamaica Limited
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Acquired Allnation Insurance Company in Delaware, U.S. a subsidiary of Blue Cross/Blue Shield.
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2000
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Instructed by Board of Directors to create a plan to demutualize the company.
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1999
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Capital de Seguros established to provide life and health insurance in Panama.
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Assets of the Group reached Bds$1 billion.
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Acquired Nationwide Insurance Company in Trinidad.
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A (Excellent) Rating from A M Best, one of the leading assessors of financial strength, strategic management and operating effectiveness of insurers.
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Acquired majority shareholding in Island Life Insurance Company in Jamaica.
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1998
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GlobalSURE launched to offer multinational companies international benefit products for their expatriate and third country national employees.
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1997
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Launched the Mutual Global Balanced Fund in Barbados and Trinidad.
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1996
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Capital International Management Services formed to coordinate the Group’s business development and expansion initiatives.
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1994
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Mutual Bank of The Caribbean Inc introduces first local credit card to Barbados.
Spearheaded the formation of CariCard, a regional card processing company.
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1993
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Created the Mutual Bank of The Caribbean Inc – the first indigenous private sector bank in Barbados.
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1988
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Established the General Insurance Division in Barbados.
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1987
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The Mutual Finance Company Limited formed in Barbados.
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Acquired Travelers Life Insurance Company Overseas and renamed it Capital Life Insurance Company with operations in Aruba, Curaçao, St Maarten, Haiti, Belize, Cayman Islands and the Bahamas.
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1969
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Launched the Segregated Bonds and Equity Funds in Barbados.
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1940
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The Mutual celebrates its 100th year.
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1896
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Established an office in Jamaica.
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1868
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Established an office in Dominica.
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1867
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Established an office in Berbice, Guyana.
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1866
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Established an office in Demerara, Guyana.
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1863
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Established an office in Antigua and Monsterrat.
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1861
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Established an office in St. Kitts.
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1858
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Expanded to Trinidad and Grenada.
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1851
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Incorporated in Barbados by a special Act of Parliament.
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1849
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Opened an office in St. Vincent.
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1840
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The Barbados Mutual Life Assurance Society formed.
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