body{-webkit-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-moz-animation:-amp-start 8s steps(1,end) 0s 1 normal both;-ms-animation:-amp-start 8s steps(1,end) 0s 1 normal both;animation:-amp-start 8s steps(1,end) 0s 1 normal both}@-webkit-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-moz-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-ms-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@-o-keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}@keyframes -amp-start{from{visibility:hidden}to{visibility:visible}}body{-webkit-animation:none;-moz-animation:none;-ms-animation:none;animation:none}
The American arm of Barbados-based insurer Sagicor Life has completed a major acquisition.
Parent company Sagicor Financial Corporation announced this afternoon that Sagicor Life Insurance Company USA was now the owner of PEMCO Life Insurance Company, having completed its purchase of the company located in Washington.
As a result of the transaction, PEMCO’s 7,500 policyholders will join the 60,000 currently on Sagicor USA’s client list.
“We want to welcome PEMCO Life policyholders to the Sagicor family, and we are excited to get to know them,” Sagicor USA’s Chief Operating Officer Bart Catmull said.
He said the terms and conditions of the these additional policies would remain unchanged, withinsurance coverage, benefits and services being provided by Sagicor USA.
“We look forward to providing high quality service to our newest family members for many years to come,” he said.
Sagicor USA currently administers $1.9 billion of “in-force” insurance business and had assets worth about $930 million. (SC)
The Cliff Beach Club has reopened for in-house dining for the first time in three…
Elysium means ‘a place of state or bliss’ and it’s the perfect name for this…
When it comes to wedding planning and décor, Emma Corrie takes the expression, “love is…
Clever ways to use up random items such as vegetables, fruit and leftovers in the…
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer at tellus quis diam scelerisque tincidunt…
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer at tellus quis diam scelerisque tincidunt…
We use our own and third party cookies to improve your experience and our services, and to analyse the use of our website. If you continue to browse we take that to mean that you accept their use.