press releases

Toronto and Barbados (September 26, 2023) – Sagicor Financial Company Ltd. (TSX: SFC, “Sagicor”) today announced it has received all regulatory approvals required under its previously announced definitive agreement with Wilton Re Ltd. to complete Sagicor’s acquisition of ivari.

The transaction is expected to close on or about October 3, 2023, subject to the satisfaction of all closing conditions.

About Sagicor Financial Company Ltd.
Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider in the Caribbean, with over 180 years of history, and has a growing presence as a provider of life insurance products in the United States. On August 25, 2022, Sagicor announced that it had entered into a definitive agreement to acquire ivari, a leading middle-market individual life insurer in Canada with over 80 years of history in the region. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, and real estate. Sagicor’s registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St. Michael, Barbados. Additional information about Sagicor can be obtained by visiting www.sagicor.com.