Credit Ratings

Sagicor Financial Company Ltd, its principal operating subsidiaries, and its debt  vehicle, have been rated by the rating agencies AM Best, Standard and Poor’s, and Fitch.

A.M. Best (a) S&P(b) Fitch(c)
Sagicor Financial Company Ltd.
Issuer Credit Rating bbb-   (Good) BBB BBB-
Senior Unsecured bbb   (Good) BBB BB+
ivari
Financial Strength A-  u (Excellent)
A-
 Issuer Credit Rating  a- u (Excellent)    
Sagicor Life Inc
Financial Strength A-   (Excellent)
Issuer Credit Rating a-   (Excellent)
Sagicor Life Jamaica Limited
Financial Strength B++   (Good)
Issuer Credit Rating bbb+   (Good)
Sagicor Life Insurance Company USA
Financial Strength A-   (Excellent)
Issuer Credit Rating a-   (Excellent)
Sagicor General Insurance Inc.
Financial Strength A-   (Excellent)
Issuer Credit Rating a-   (Excellent)
Sagicor Reinsurance Bermuda Ltd.
Financial Strength A-   (Excellent)
Issuer Credit Rating a-   (Excellent)
 

 

  1. Updated October 20, 2023.
  2. Updated November 8, 2023
  3. Updated November 7, 2023
 
 

Current Rating Agency Releases

S&P

 
SFCL 'BBB' Rating Affirmed Following Revised Capital Model Criteria; Outlook Remains Stable - December 29, 2023

 
S & P Global Ratings - Press Release - November 8, 2023

 
S & P SFCL Upgraded To 'BBB' From 'BB+' Following Acquisition Of ivari, Outlook Stable - Press Release - October 4, 2023

 
S & P SFCL Outlook Revised to Positive from Stable on Proposed Acquisition of ivari - Press Release - August 26, 2022

 
S & P SFCL Senior Unsecured Notes Press Release - December 7, 2021

 
S & P Ratings Score Snapshot - December 2, 2021

 
S & P Global Rating Press Release - November 25, 2020

 
S & P Bond Rating Press Release - May 3, 2021

Fitch

 
Fitch Affirms Sagicor Financial Company and ivari's Ratings - November 7, 2023 

 
Fitch Affirms ivari's IFS Rating at 'A-'; Removes from RWN; Outlook Stable - October 4, 2023 

 
Fitch Upgrades Sagicor Financial Company Following ivari Acquisition - October 4, 2023 

 
Fitch Maintains Sagicor Financial Company Ltd. on Rating at Watch Positive - November 22, 2022 

 
Fitch Places Sagicor Financial Company Ltd. on Rating Watch Positive - August 26, 2022 

 
Fitch Announces Ratings for Sagicor Financial Company Ltd. and Operating Subsidiaries - January 5, 2022 

 
Fitch Assigns BB- Rating to Sagicor Financial's Notes - December 7, 2021 

 
Fitch Affirms Sagicor Financial's Ratings - Outlook Stable - December 6, 2021 

 
Fitch Report-March 12, 2020

 
Fitch Report -March 17, 2020

 
Fitch Report -June 8, 2020

 
Fitch Bond Rating Press Release - June 2021

A.M. Best

 
AM Best Places Credit Ratings of Sagicor Financial Company Ltd. and Its Subsidiaries Under Review with Developing Implications - September 1, 2022 

 
A.M. Best Press Release - November, 2021 

 
A.M. Best Bond Rating Press Release - June 16, 2021