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 Barbados Stock Exchange Sale of the Mutual Bank Tobago Stock Exchange. 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 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 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 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 |