Credit Ratings

The following table sets out ratings the Company has received from approved rating organizations as at the dates indicated below.

A.M. Best S&P Fitch
Sagicor Life Insurance Company
Financial Strength A-  (Stable)(g)
Issuer Credit Rating a-  (Stable)(g)
Sagicor Life Jamaica Limited
Financial Strength B++  (Stable)(g)
Issuer Credit Rating bbb+  (Stable)(g)
Sagicor Life Inc.
Financial Strength A-  (Stable)(g)
Issuer Credit Rating a-  (Stable)(g)
Sagicor Financial Company Ltd.
Issuer Credit Rating bbb-  (Stable)(g) BB+ (Positive)(c) BB (Positive) (Long term issuer default rating)(d)
Senior Unsecured Notes due May 13, 2028 bbb (Good)(g) BB+(f) BB-
Sagicor General Insurance Inc.
Financial Strength A-  (Stable)(g)
Issuer Credit Rating a-  (Stable)(g)
Sagicor Reinsurance Bermuda Ltd.
Financial Strength A-  (Excellent)(g)
Issuer Credit Rating a-  (Excellent)(g)
 

 

  1. Updated September 11, 2020.
  2. Updated October 14, 2020
  3. Updated August 26, 2022
  4. Updated August 26, 2022.
  5. Updated June 16, 2021
  6. Updated May 3, 2021
  7. Updated Nov 4, 2021
 
 

Current Rating Agency Releases

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 

S&P

 
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 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