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Sagicor Financial Corporation
11
2002
Acquisition of majority
shares in Life of
Barbados.

Resolution for the
demutualisation of
Barbados Mutual Life
Assurance Society was
passed.

Conversion from
Barbados Mutual Life
Assurance Society to
Sagicor Life Inc.

The establishment of
the holding Company,
Sagicor Financial
Corporation (SFC).
45,000 policyholders
awarded shares
as a result of
demutualization.

The Initial Public
Offering of Sagicor
Shares, increasing
shareholders to 49,000
2003
SFC Lists on the
Barbados Stock
Exchange

Sale of the Mutual Bank
2004
SFC Lists on Trinidad &
Tobago Stock Exchange.
2005
Acquisition of majority
interest in Pan
Caribbean Financial
Services.

Acquisition of Laurel Life
and its wholly-owned
subsidiary, American
Founders Life Insurance
Company in the US

Life of Jamaica acquires
Cayman General
Insurance

Acquisition of 20% of
FamGuard

Acquisition of First Life
Insurance portfolio
2006
Successful US$150
million Bond Offering
on the US market

Sagicor Life Inc assigned
a Standard and Poor's
(S&P) financial strength
rating of "BBB+"

American Founders Life
Insurance Company
rebrands as Sagicor Life
Insurance Company
Limited
2007
SFC Lists on the London
Stock Exchange

Establishment of Sagicor
Europe Ltd

Acquisition of Gerling at
Lloyd's Group in the UK

Gerling at Lloyd's
rebranded as Sagicor at
Lloyd's

Acquisition of Byrne and
Stacey Underwriting in
the UK
2008
Rebranding of Life of
Jamaica to Sagicor Life
Jamaica Limited

SFC Lists on the Jamaica
Stock Exchange

Rebranding of Byrne and
Stacey Underwriting to
Sagicor Underwriting

Acquisition of
controlling interest in
Barbados Farms Limited