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Transcript : Sagicor Financial Company Ltd , Q2 2023 Earnings Call, Aug 14, 2023

Presentation Operator MessageOperator Good afternoon. My name is Jenny, and I will be your conference operator today. At this time, I would like to welcome everyone to Sagicor Financial Company Ltd. s. -Today at 03:00 pm- MarketScreener

Sagicor Financial Company Ltd Reports Fourth Quarter and Full Year 2022 Results

Sagicor Financial triples second-quarter profit

Sagicor delivers huge profits in strong quarter

The Sagicor Group has again recorded a robust quarter with net income of US$42.6 million (BDS$ 85.2 million) for the period ending June 30, representing a significant increase from the US$9.3 million (BDS$18.6 million) posted for the corresponding period in 2021.In the insurance and financial services firm’s Management Discussion and Analysis of the second quarter performance, it outlined that the group’s performance was fuelled by very strong net premium income from the United States of America segment.The Sagicor Group, established as the Barbados Mutual Life Assurance Society in 1840, comprises Sagicor Life Inc (Barbados and Trinidad and Tobago), Sagicor Jamaica, Sagicor Bank Jamaica Ltd, and Sagicor Life USA.The financial services company operates in 19 countries, but its main markets are Barbados, Jamaica, Trinidad and Tobago, and the United States of America.Sagicor USA has become one of the Sagicor Group’s strongest performers. It currently operates in 45 states in the US

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