Trinidad and Tobago Insurance Limited takes over Barbados-based insurance company
Chairman of Trinidad and Tobago Insurance Limited (Tatil), Ray Sumairsingh
PORT OF SPAIN, Trinidad – Trinidad and Tobago Insurance Limited (Tatil) has acquired Barbados-based Trident Insurance Company Limited. After officially getting the nod from regulators, Tatil Chairman Ray Sumairsingh announced on Thursday.
Acknowledging that the COVID-19 pandemic may have led to some delays in finalizing the acquisition, Sumairsingh said the transaction had been successfully concluded with the receipt of all the required regulatory approvals here and in Barbados.
The operations of Brydens Insurance, the Barbados branch of Tatil, have already merged with Trident Insurance, under the Trident brand name. The new Trident Insurance will continue to bring its uniquely Barbadian perspective to the business of serving its customers.