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Sagicor Financial Company Ltd. (T:SFC)

Business Focus: Multiline Insurance & Brokers (NEC)

Apr 18, 2024 07:00 am ET
Sagicor Financial Announces Investment Grade Ratings from DBRS
TORONTO and BARBADOS, April 18, 2024 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor") today announced that it has received an Issuer Rating and a Senior Debt Rating of BBB (low) with a stable trend from global credit rating agency DBRS Limited (Morningstar DBRS). In assigning these ratings, DBRS cited Sagicor's diversified business, its long history and dominant position in the Caribbean and its growing presence in the U.S. and Canada, its high-quality investment portfolio, and its strong track record.
Mar 28, 2024 09:35 pm ET
Sagicor Financial Reports Fourth Quarter and Full Year 2023 Results and Announces 7% Dividend Increase
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended December 31, 2023. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings" and under Sagicor's profile at www.sedarplus.ca. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized financ
Dec 14, 2023 06:00 am ET
Sagicor Financial Company Ltd. Announces Filing of ivari Business Acquisition Report and Comments on Financial Impact
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended September 30, 2023. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedarplus.ca. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized fina
Nov 13, 2023 06:00 am ET
Sagicor Financial Company Ltd. Reports Third Quarter 2023 Results
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended September 30, 2023. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedarplus.ca. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized fina
Oct 05, 2023 08:00 am ET
Sagicor Financial Company Ltd. Announces Credit Rating Upgrades by S&P Global Ratings and Fitch Ratings
TORONTO and BARBADOS, Oct. 5, 2023 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") (TSX: SFC) announces that S&P Global Ratings ("S&P") recently upgraded its Issuer Credit Rating (ICR) on the Company to 'BBB' from 'BB+'. S&P also raised the issue-level rating on Sagicor's senior unsecured notes to 'BBB' from 'BB+'. As well, the Group Credit Profile (GCP) was revised upward to 'a-' from 'bbb'. The outlook is stable.
Oct 03, 2023 04:51 pm ET
Sagicor Financial Company Ltd. Completes Acquisition of ivari
TORONTO and BARBADOS, Oct. 3, 2023 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") (TSX: SFC) today announced the completion of its previously announced acquisition of ivari from Wilton Re Ltd.
Sep 26, 2023 07:00 am ET
Sagicor Financial Company Ltd. Receives Regulatory Approvals to Acquire ivari
TORONTO and BARBADOS, Sept. 26, 2023 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) "Sagicor") today announced it has received all regulatory approvals required under its previously announced definitive agreement with Wilton Re Ltd. to complete Sagicor's acquisition of ivari.
Aug 14, 2023 07:00 am ET
Sagicor Financial Company Ltd. Reports Second Quarter 2023 Results
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended June 30, 2023. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedarplus.ca. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized financial
Jun 22, 2023 07:00 am ET
Sagicor Financial Company Ltd. Renews its Normal Course Issuer Bid
TORONTO and BARBADOS, June 22, 2023 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "Company") today announced that the Toronto Stock Exchange (the "TSX") has accepted Sagicor's notice of intention to renew its normal course issuer bid ("NCIB") through which Sagicor may purchase up to 8,840,727 of Sagicor's common shares (the "NCIB Shares") during the 12-month period commencing June 24, 2023 and ending June 23, 2024. The number of shares authorized for purchase represents 10 percent of the public float. Sagicor had 142,564,230 issued and outstanding common shares ("Common Sha
May 15, 2023 05:00 pm ET
Sagicor Financial Company Ltd. Reports First Quarter 2023 Results and Announces Meeting of Shareholders, Availability of 2022 Management Information Circular, Annual Report and Annual Information Form
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended March 31, 2023. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedar.com. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized financial m
Mar 27, 2023 07:00 am ET
Sagicor Financial Company Ltd. Reports Fourth Quarter and Full Year 2022 Results
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the audited Consolidated Financial Statements for the period ended December 31, 2022. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedar.com. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized
Mar 01, 2023 07:30 am ET
Sagicor Financial Company Ltd. Announces Executive Appointments
TORONTO and Barbados, March 1, 2023 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or the "Company") today announced that Kathryn Jenkins has been appointed Group Chief Financial Officer effective as of today. Sagicor is also pleased to announce that George Sipsis has been promoted to Executive Vice President, Corporate Development and Capital Markets. Ms. Jenkins and Mr. Sipsis will both be members of Sagicor's Executive Committee and will report directly to Andre Mousseau, who has been appointed President and Chief Executive Officer as of April 1, 2023.
Jan 26, 2023 07:30 am ET
Sagicor Financial Company Announces the Retirement of Its CEO, Dodridge Miller, And Appointment of Andre Mousseau as Its New CEO
TORONTO and BARBADOS, Jan. 26, 2023 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "the Company") today announced that Dodridge D. Miller will retire as President and Chief Executive Officer effective as of the end of March 2023. Mr. Miller will step down from his current executive duties after more than 30 years of service to Sagicor, including serving as President and Chief Executive Officer since 2002. Mr. Miller will continue to serve on Sagicor's Board of Directors.
Nov 15, 2022 04:00 pm ET
Sagicor Financial Company Ltd. Appoints Alan Ryder to Board of Directors
TORONTO and BARBADOS, Nov. 15, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or the "Company") is pleased to announce the appointment of Alan Ryder to the Board of Directors, subject to customary regulatory approval.
Nov 11, 2022 06:25 pm ET
Sagicor Financial Company Ltd. Reports Third Quarter 2022 Results
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended September 30, 2022. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedar.com. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized financi
Nov 10, 2022 02:14 pm ET
Sagicor Financial Company Ltd. to Announce its Third Quarter 2022 Results on November 11, 2022 and Hold Earnings Call on November 16, 2022
TORONTO and BARBADOS, Nov. 10, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or the "Company") will release its third quarter 2022 results after market close on Friday, November 11, 2022.
Oct 19, 2022 12:36 pm ET
Sagicor Financial Company Ltd. cautions investors regarding New York Stock and Bond LLC mini-tender offer
TORONTO and BARBADOS, Oct. 19, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "Company") has been notified of an unsolicited mini-tender offer by New York Stock and Bond LLC to purchase 10,000 common shares1 in the capital of the Company from Sagicor's shareholders at a price of US$4.00 per common share. The unsolicited offer represents a discount of approximately 12% to the closing price of the common shares on the TSX on September 20, 20222, the last trading day before the offer was commenced, and a discount of approximately 10% to the closing price of the common shar
Aug 25, 2022 07:00 am ET
Sagicor Financial Company Ltd. to acquire ivari, a leading middle-market individual life insurer in Canada
Transformational acquisition, expanding geography and accelerating growthExpands Sagicor's offering of protection and wealth management solutions into CanadaPositions Sagicor as a leading provider of protection and savings products to the middle-market in North Americaivari is the second largest provider of universal life insurance in Canada(1)ivari adds C$13.9 billion to Sagicor's existing assets; pro-forma debt securities to move from 69% to 83%(2) investment grade as of year end 2021Immediately accretive to EPS and BVPS by double digit percentage points(3)(4)Improvement to MCCSR ratio(3);
Aug 12, 2022 06:50 pm ET
Sagicor Financial Company Ltd. Reports Second Quarter 2022 Results
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended June 30, 2022. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedar.com. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized financial me
Aug 09, 2022 11:39 am ET
Sagicor Financial Company Ltd. to Announce its Second Quarter 2022 Results on August 12, 2022 and Hold Earnings Call on August 17, 2022
TORONTO and BARBADOS, Aug. 9, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or the "Company") will release its second quarter 2022 results after market close on Friday, August 12, 2022.
Aug 03, 2022 05:02 pm ET
Sagicor Financial Company Ltd. Announces Appointment of Group Chief Risk Officer and Chief Sustainability Officer
TORONTO and BARBADOS, Aug. 3, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor") today announced the appointment of Lynda Gauthier as Group Chief Risk Officer and Chief Sustainability Officer effective August 2, 2022.
Jun 30, 2022 05:15 pm ET
Sagicor Financial Company Ltd. Announces Departure of Group Chief Risk Officer
TORONTO and BARBADOS, June 30, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) "Sagicor" or "Company") today announced that Mr. Bart Catmull will be stepping down from his position with Sagicor as Group Chief Risk Officer. Mr. Catmull has been with the Sagicor Group of companies for 23 years, principally with the Sagicor Group's U.S. operations. Mr. Catmull will continue to serve as Group Chief Risk Officer until his departure on July 5, 2022.
Jun 22, 2022 07:00 am ET
Sagicor Financial Company Ltd. Renews its Normal Course Issuer Bid
TORONTO and BARBADOS, June 22, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "Company") today announced that the Toronto Stock Exchange (the "TSX") has accepted Sagicor's notice of intention to renew its normal course issuer bid ("NCIB") through which Sagicor may purchase up to 9,134,417 of Sagicor's common shares (the "NCIB Shares") during the 12-month period commencing June 24, 2022 and ending June 23, 2023. The number of shares authorized for purchase represents 10 percent of the public float. Sagicor had 142,672,643 issued and outstanding common shares ("Common Sha
Jun 17, 2022 06:15 pm ET
Sagicor Financial Company Ltd. Announces Results of the Annual Meeting of Shareholders
TORONTO and BARBADOS, June 17, 2022 /CNW/ - Sagicor Financial Company Ltd. (the "Company" or "Sagicor") is pleased to announce the results of its annual meeting (the "Meeting") of holders of common shares (the "Shareholders") held on June 17, 2022. A total of 79,944,798 common shares, representing 55.919% of common shares issued and outstanding as of April 28, 2022, the Record Date of the Meeting, were represented.
May 13, 2022 07:00 am ET
Sagicor Financial Company Ltd. Reports First Quarter 2022 Results
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended March 31, 2022. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedar.com. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IFRS measures are not standardized financial m
May 10, 2022 04:32 pm ET
Sagicor Financial Company Ltd. to Announce its First Quarter 2022 Results on May 13, 2022, and Announces Meeting of Shareholders, Availability of 2021 Management Information Circular, Annual Report an
TORONTO and BARBADOS, May 10, 2022 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or the "Company") will release its first quarter 2022 results before the market opens on Friday, May 13, 2022.
Apr 04, 2022 08:00 am ET
Sagicor Financial Company Ltd.'s Subsidiary, Sagicor Group Jamaica Limited, Completes Acquisition of Alliance Financial Services Limited
TORONTO and BARBADOS, April 4, 2022 /CNW/ - Sagicor Financial Company Ltd.'s ("Sagicor") subsidiary, Sagicor Group Jamaica Limited, has completed the purchase of 100% of the shares in Alliance Financial Services Limited ("AFSL") having satisfactorily completed all due diligence and regulatory requirements.
Mar 21, 2022 08:00 am ET
Sagicor Financial Company Ltd. Reports Fourth Quarter and Full Year 2021 Results
This news release for Sagicor Financial Company Ltd. ("Sagicor" or the "Company") should be read in conjunction with the Company's Management's Discussion & Analysis ("MD&A") and the Consolidated Financial Statements for the period ended December 31, 2021. These documents are available on Sagicor's website, at www.sagicor.com, under the heading "Financials and Filings", and under Sagicor's profile at www.sedar.com. This news release presents non-IFRS measures used by Sagicor in evaluating its results and measuring its performance. These non-IF
Dec 15, 2021 04:30 pm ET
Sagicor Financial Company Ltd. Completes Additional U.S.$150 million Senior Notes Offering
TORONTO and BARBADOS, Dec. 15, 2021 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") today announced that the Company and Sagicor Life Inc., as guarantor, have successfully completed the previously announced offering of U.S.$150 million of its 5.300% Senior Notes due May 13, 2028 (the "Additional Notes").  The Company intends to use all of the net proceeds from this offering for general corporate purposes, including, but not limited to, supporting the growth of its U.S. business.
Dec 08, 2021 08:25 pm ET
Sagicor Financial Company Ltd. Announces Additional Offering of 5.300% Senior Notes Due 2028
TORONTO and BARBADOS, Dec. 8, 2021 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") announced today that it proposes an additional offering of US$150 million of 5.300% Senior Notes due 2028 (the "Additional Notes"). The Company, and Sagicor Life Inc. as guarantor, have entered into a note purchase agreement with J.P. Morgan Securities LLC and RBC Capital Markets, LLC as representatives of the several initial purchasers party thereto, in connection with the issuance of the Additional Notes. The offering of Additional Notes represents a re-opening of the US$400 million of 5.
Nov 15, 2021 06:00 am ET
Sagicor Financial Company Ltd. Reports Third Quarter 2021 Results and Chair Succession
TORONTO and BARBADOS, Nov. 15, 2021 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "Company"), a leading financial services provider in the Caribbean with a growing presence in the U.S., today announced its results for the third quarter ended September 30, 2021. All figures are in US$ unless otherwise stated.
Nov 02, 2021 05:00 pm ET
Sagicor Financial Company Ltd. to Announce its Third Quarter 2021 Results on November 15, 2021
TORONTO and BARBADOS, Nov. 2, 2021 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) will release its third quarter 2021 results before the market opens on Monday, November 15, 2021.
Oct 26, 2021 08:02 pm ET
Sagicor Financial Company Ltd. Announces Appointment of Bart Catmull as Chief Risk Officer
TORONTO and BARBADOS, Oct. 26, 2021 /CNW/ - Sagicor Financial Company Ltd. (Sagicor) announces that Mr. Bart Catmull, previously President and COO of its U.S. subsidiary, has assumed the role of Group Chief Risk Officer, effective October 25, 2021. He is replacing Mr. Andy Gallagher, who has assumed the role of Chief Executive Officer and Chief Risk Officer of Sagicor Reinsurance Bermuda Limited (SRBL), Sagicor's affiliate reinsurance subsidiary. 
Aug 13, 2021 05:30 pm ET
Sagicor Financial Company Ltd. Reports Second Quarter 2021 Results
TORONTO and BARBADOS, Aug. 13, 2021 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "Company"), a leading financial services provider in the Caribbean with a growing presence in the U.S., today announced its results for the second quarter ended June 30, 2021. All figures are in US$ unless otherwise stated.
Aug 11, 2021 05:00 pm ET
Subsidiary of Sagicor Financial Company Ltd. Completes Redemption of 8.875% Senior Notes due 2022
TORONTO and BARBADOS, Aug. 11, 2021 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") today announced that its subsidiary, Sagicor Finance (2015) Limited, has completed the redemption of US$187,939,000 aggregate principal amount remaining of its outstanding 8.875% Senior Notes due 2022 (the "2022 Notes").  Cash used for the redemption was approximately US$196,278,793.13, which included the aggregate principal amount of the outstanding 2022 Notes being redeemed plus accrued and unpaid interest thereon.  As previously announced, the redemption price was funded from the procee
Aug 04, 2021 06:58 pm ET
Sagicor Financial Company Ltd. to Announce its Second Quarter 2021 Results on August 13, 2021
TORONTO and BARBADOS, Aug. 4, 2021 /CNW/ - Sagicor Financial Company Ltd. will release its second quarter 2021 results after the market closes on Friday, August 13, 2021. 
Jul 29, 2021 05:50 pm ET
Sagicor Financial Company Ltd. Announces the Appointment of Andre Mousseau to Group Chief Operating Officer and Chief Financial Officer
TORONTO and BARBADOS, July 29, 2021 /CNW/ - Sagicor Financial Company Ltd. is pleased to announce the promotion of Mr. Andre Mousseau to the post of Group Chief Operating Officer (COO), in addition to his current role of Chief Financial Officer (CFO), effective August 1st, 2021. In assuming the post of COO, Mr. Mousseau will have additional responsibility for various group corporate functions as well as oversight of the group's operating subsidiaries.
Jun 22, 2021 07:00 am ET
Sagicor Financial Company Ltd. Renews its Normal Course Issuer Bid
TORONTO and BARBADOS, June 22, 2021 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC)  ("Sagicor" or "Company") today announced that the Toronto Stock Exchange (the "TSX") has accepted Sagicor's notice of intention to renew its normal course issuer bid ("NCIB") through which Sagicor may purchase up to 9,131,133 of Sagicor's common shares (the "NCIB Shares") during the 12-month period commencing June 24, 2021 and ending June 23, 2022. The number of shares authorized for purchase represents 10 percent of the public float. Sagicor had 145,654,793 issued and outstanding common shares ("Common Sh
Jun 11, 2021 09:01 am ET
Subsidiary of Sagicor Financial Company Ltd. Issues Notice of Redemption in Respect of 8.875% Senior Notes Due 2022
TORONTO and BARBADOS, June 11, 2021 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") today announced that its subsidiary, Sagicor Finance (2015) Limited, has issued a notice of redemption in respect of its 8.875% Senior Notes due 2022 (the "2022 Notes").  The Company expects that the 2022 Notes will be redeemed on August 11, 2021 pursuant to the terms of the note indenture governing the 2022 Notes at an aggregate redemption price of approximately US$188 million (being 100% of the remaining principal amount of the 2022 Notes being redeemed plus accrued and unpaid interest t
Jun 04, 2021 05:05 pm ET
Sagicor Financial Company Ltd. Announces Results of the Annual and Special Meeting of Shareholders
TORONTO, June 4, 2021 /CNW/ - Sagicor Financial Company Ltd. (the "Company" or "Sagicor") is pleased to announce the results of its annual and special meeting (the "Meeting") of holders of common shares (the "Shareholders") held on June 4, 2021. A total of 79,146,851 common shares, representing 54.053% of common shares issued and outstanding as of June 4, 2021, were represented at the Meeting.
May 14, 2021 06:52 pm ET
May 13, 2021 05:30 pm ET
Sagicor Financial Company Ltd. Completes U.S.$400 million Senior Notes Offering
TORONTO and BARBADOS, May 13, 2021 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") today announced that the Company and Sagicor Life Inc., as guarantor, have completed its previously announced offering of U.S.$400 million of 5.300% Senior Notes due May 13, 2028 ("New Notes").  The Company used partial proceeds of the transaction to repurchase U.S.$130 million aggregate principal amount of its 8.875% Senior Notes due 2022 issued by its subsidiary Sagicor Finance (2015) Limited (the "2022 Notes"). Sagicor also intends to repurchase the remaining U.S.$188 million of 2022 Not
May 10, 2021 06:30 pm ET
Sagicor Financial Company Ltd. Announces Virtual Meeting of Shareholders and Availability of 2020 Management Information Circular, Annual Report and Annual Information Form
TORONTO and BARBADOS, May 10, 2021 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor") has announced that an annual and special meeting of shareholders will be held at 11:00 a.m. Eastern Daylight Time (Toronto, Canada) (11:00 a.m. Atlantic Standard Time (Barbados and Trinidad and Tobago) and 10:00 a.m. Eastern Standard Time (Jamaica)) on Friday, June 4, 2021. In light of the COVID-19 pandemic, Sagicor is holding the meeting as a completely virtual meeting, which will be conducted via live webcast.
May 07, 2021 08:26 pm ET
Sagicor Financial Company Ltd. Announces Expiration and Results of Cash Tender Offer for Any and All 8.875% Senior Notes due 2022 issued by Sagicor Finance (2015) Limited and Note Purchase Agreement
TORONTO and BARBADOS, May 7, 2021 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") today announced that its previously announced cash tender offer (the "Tender Offer") for any and all of the outstanding 8.875% Senior Notes due 2022 issued by its subsidiary Sagicor Finance (2015) Limited (the "Securities") expired at 5:00 p.m., New York City time, on May 7, 2021 (such date and time, the "Expiration Date"). The dealer managers for the Tender Offer are J.P. Morgan Securities LLC and RBC Capital Markets, LLC.
May 03, 2021 08:47 am ET
Sagicor Financial Company Ltd. Launches Cash Tender Offer for Any and All 8.875% Senior Notes due 2022 Issued by Sagicor Finance (2015) Limited and New Notes Issuance
TORONTO and BARBADOS, May 3, 2021 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor" or the "Company") today announced that it has commenced a cash tender offer (the "Tender Offer") for any and all of the outstanding 8.875% Senior Notes due 2022 issued by its subsidiary Sagicor Finance (2015) Limited (the "Securities").
Mar 30, 2021 05:16 pm ET
Sagicor Financial Company Ltd. Reports Fourth Quarter and Full Year 2020 Results
Highly profitable Q4, strong revenue growth and solid capital position
Mar 19, 2021 05:05 pm ET
Sagicor Financial Company Ltd. Announces Common Dividend
TORONTO and BARBADOS, March 19, 2021 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "Company") announces that its board of directors has approved and declared a quarterly dividend of US $0.05625 per common share.  This quarterly dividend will be paid on April 21, 2021, to shareholders of record at the close of business on March 31, 2021. Sagicor will continue to review its dividend policy going forward given the economic situation stemming from the COVID-19 pandemic.
Dec 14, 2020 04:00 pm ET
Sagicor Financial Company Ltd. Announces Executive Changes
TORONTO and BARBADOS, Dec. 14, 2020 /CNW/ - Group President and CEO of Sagicor Financial Company (SFC) Ltd., Mr. Dodridge Miller, today announced that Mr. Ravi Rambarran will be retiring from his position with Sagicor as President & CEO of Sagicor Life Inc. effective December 31st, 2020.
Dec 08, 2020 04:42 pm ET
Nov 13, 2020 04:00 pm ET
Nov 02, 2020 04:00 pm ET
Sagicor Financial Company Ltd. and its Board of Directors Announce the Reappointment of Monish Dutt
TORONTO and BARBADOS, Nov. 2, 2020 /CNW/ - The Board of Directors (the "Board") of Sagicor Financial Company Ltd. ("Sagicor") announces the reappointment of Mr. Monish Dutt to the Board, effective October 30, 2020, to replace Mr. John Shettle, Jr., who sadly passed away in September. Mr. Dutt will also assume the role of Chair of the Audit Committee and will be a member of the Investment & Risk and Capital Allocation Committees.
Sep 21, 2020 02:18 pm ET
Sagicor Financial Company Ltd. and its Board of Directors Announce the Passing of Board Director Mr. John F. Shettle, Jr.
TORONTO and BARBADOS, Sept. 21, 2020 /CNW/ - It is with great sadness that the Board of Directors (the "Board") of Sagicor Financial Company Ltd. ("Sagicor" or "SFC") announce the passing of Mr. John F. Shettle, Jr. on Tuesday, September 15, 2020. Mr. Shettle was a brilliant, generous and valued member of our Board.  He was a Director of Sagicor Financial Corporation Limited, the predecessor holding company to SFC, since 2008, and provided sterling service in his chairmanship of the SFC Board Audit Committee since 2019.  He was also a member of the Board's Investment and Risk and Capital All
Sep 04, 2020 08:00 am ET
Sagicor Financial Company Ltd. Amends its Normal Course Issuer Bid to Increase the Number of Shares that may be Repurchased
TORONTO and ST. MICHAEL, Barbados, Sept. 4, 2020 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor") has received approval from the Toronto Stock Exchange to amend its current normal course issuer bid ("NCIB") for its common shares (the "Common Shares") in order to increase the maximum number of Common Shares that may be repurchased from up to 3,000,000 Common Shares, or 2.01% of Sagicor's 149,161,886 issued and outstanding Common Shares as of June 16, 2020 (the reference date for the NCIB), to 8,000,000 Common Shares, or 8.46% of Sagicor's public float as of June 16, 2020.
Aug 14, 2020 05:40 pm ET
Aug 11, 2020 05:30 pm ET
Sagicor Financial Company Ltd. to announce second quarter 2020 earnings results on August 14, 2020 and hold an earnings conference call on August 17, 2020
TORONTO and BARBADOS, Aug. 11, 2020 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) will release its 2020 second quarter results after the market closes on Friday, August 14, 2020.
Jul 02, 2020 07:30 am ET
Sagicor Financial Company Ltd. Provides Update on Scotiabank Insurance Transaction in Trinidad & Tobago
TORONTO and BARBADOS, July 2, 2020 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor") announced its intention in November 2018 to acquire ScotiaLife Trinidad and Tobago Limited. Sagicor and Scotiabank Trinidad & Tobago Limited have mutually agreed not to proceed with the 20-year distribution agreement for insurance products and solutions in Trinidad & Tobago. As a result, Sagicor will not proceed with the acquisition of ScotiaLife Trinidad and Tobago Limited. 
Jun 30, 2020 09:00 pm ET
Sagicor Financial Company Ltd. Announces Results of the Annual and Special Meeting of Shareholders
TORONTO and ST. MICHAEL, Barbados, June 30, 2020 /CNW/ - Sagicor Financial Company Ltd. (the "Company") is pleased to announce the results of its annual and special meeting (the "Meeting") of holders of common shares (the "Shareholders") held on June 30, 2020. A total of 75,468,155 common shares, representing 50.809% of common shares issued and outstanding as of the record date for the Meeting, were represented at the Meeting.  
Jun 17, 2020 07:34 pm ET
Sagicor Financial Company Ltd. Announces Normal Course Issuer Bid
TORONTO AND BARBADOS, June 17, 2020 /CNW/ - The board of directors of Sagicor Financial Company Ltd. ("Sagicor") has authorized a share buyback program that will allow Sagicor to repurchase up to 3,000,000 of Sagicor's common shares (the "NCIB Shares"). The Toronto Stock Exchange (the "TSX") has accepted Sagicor's notice of intention to make a normal course issuer bid ("NCIB") through which Sagicor may purchase the NCIB Shares during the 12-month period commencing June 22, 2020 and ending June 21, 2021. The number of shares authorized for purchase represents 2.01 percent of Sagicor's 149,161
Jun 15, 2020 07:00 pm ET
Sagicor Financial Company Ltd. Announces Adjournment of its Annual and Special Meeting of Shareholders to June 30, 2020
TORONTO and BARBADOS, June 15, 2020 /CNW/ - Sagicor Financial Company Ltd. (the "Company") announced today that at the annual and special meeting (the "Annual Meeting") of holders of common shares (the "Shareholders") of the Company held on June 15, 2020, the Shareholders of the Company voted in favour of the adjournment of the Annual Meeting until June 30, 2020. The re-convened Annual Meeting will be held virtually at https://web.lumiagm.com/221850876 on Tuesday, June 30, 2020 at 11:00 a.m. Eastern Daylight Time (Toronto, Canada) (11:00 a.m. Atlantic Standard Time (Barbados and Trinidad and
Jun 12, 2020 07:00 pm ET
Sagicor Financial Company Ltd. Announces Intended Motion to Adjourn Annual and Special Meeting Scheduled for June 15, 2020 to June 30, 2020
TORONTO and BARBADOS, June 12, 2020 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) today announced that the annual and special meeting (the "Annual  Meeting") of Members (the "Shareholders") of Sagicor Financial Company Ltd. (the "Company") scheduled to be held virtually at https://web.lumiagm.com/221850876 at 11:00 a.m. Eastern Daylight Time (Toronto, Canada) (11:00 a.m. Atlantic Standard Time (Barbados and Trinidad and Tobago) and 10:00 a.m. Eastern Standard Time (Jamaica)) on Monday, June 15, 2020 will be convened as scheduled; however, upon convening the meeting, a resolution to adjou
Jun 08, 2020 05:00 pm ET
May 14, 2020 05:00 pm ET
Sagicor Financial Company Ltd. Announces Delay of Interim Financial Report
ST. MICHAEL, Barbados and TORONTO, May 14, 2020 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor") announced today that, in light of the continued disruptions caused by the COVID-19 pandemic, it will avail itself of the temporary exemption from certain filing requirements provided in Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements, which was promulgated by the Ontario Securities Commission in response to the ongoing COVID-19 pandemic, and similar instruments in other applicable jurisdictions. In particular, Sagicor is relying on the exemption provide
May 13, 2020 05:00 pm ET
Sagicor Financial Company Ltd. Announces Virtual Meeting of Shareholders and Availability of 2019 Annual Report, Management Information Circular and 2019 Annual Information Form
ST.MICHAEL, Barbados and TORONTO, May 13, 2020 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor") announced today that an annual and special meeting of shareholders will be held on Monday, June 15, 2020 at 11:00 a.m. (Eastern Daylight Time). The board of directors of Sagicor has been closely monitoring the evolving coronavirus (COVID-19) situation.  It has determined that, following the introduction of social distancing measures and prohibitions on non-essential travel and public gatherings by several governments, this year, Sagicor will hold its meeting in a virtual-only format via live onl
Mar 30, 2020 05:00 pm ET
Sagicor Financial Company Ltd. Announces Delay of Certain Filings
ST. MICHAEL, Barbados and TORONTO, March 30, 2020 /CNW/ - Sagicor Financial Company Ltd. ("Sagicor") announced today that, in light of the disruptions caused by the COVID-19 pandemic, and in particular delays in receiving finalized annual financial statements in respect of certain of its consolidated subsidiaries in the Caribbean, it will avail itself of the temporary exemption from certain filing requirements provided in Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements ("OI 51-502"), which was promulgated by the Ontario Securities Commission in respo
Mar 25, 2020 06:07 pm ET
Sagicor Implements Additional Measures to assist Clients During COVID-19
ST. MICHAEL, Barbados and TORONTO, March 25, 2020 /CNW/ - In response to the challenges being faced by its clients across the region due to the continued spread of the COVID-19 virus, Sagicor has instituted two key additional measures for pensioners and mortgage holders. Firstly, the early payment of pension to pensioners to ensure they have the financial capability to meet their current needs; and secondly, the deferral of payments on both residential and commercial mortgages to existing and new clients.  These measures will remain in place until June 30, 2020 in the first instance as Sagic
Mar 20, 2020 02:14 pm ET
Sagicor Donates US $1 Million to Fight the Spread of COVID-19
ST. MICHAEL, Barbados and TORONTO, March 20, 2020 /CNW/ - Sagicor Financial Company Ltd announced today that it is committing US $1 million to aid in the fight against COVID-19 in the Caribbean.  
Feb 03, 2020 06:00 am ET
Sagicor Financial Company Ltd. Announces Common Dividend to be paid in the First Quarter of 2020
ST. MICHAEL, Barbados and TORONTO, Feb. 3, 2020 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) Today announced that its Board of Directors has approved and declared a quarterly dividend of US $0.0565 per common share. This quarterly dividend will be paid on February 28, 2020, to shareholders of record at the close of business on February 10, 2020.  This is the first dividend being paid as a publicly listed company on the Toronto Stock Exchange.  Future dividends will be paid at the discretion of the Board of Directors.
Jan 23, 2020 04:00 pm ET
Sagicor Financial Company Ltd. Announces Expiration of Debt Tender Offer
ST. MICHAEL, Barbados and TORONTO, Jan. 23, 2020 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) today announced  the expiration of the offer by its subsidiary Sagicor Finance (2015) Limited to repurchase all or any part of its US$320,000,000 aggregate principal amount of 8.875% Senior Notes due 2022 at 101% of the principal amount of the repurchased Notes, plus accrued and unpaid interest, if any, as required by the terms of the Notes. The offer expired on January 22, 2020, and tenders from the holders of US$1,897,000, or approximately 0.59% of the total outstanding principal amount of th
Dec 20, 2019 04:00 pm ET
Sagicor Financial Company Ltd. announces Debt Tender Offer
ST. MICHAEL, Barbados and TORONTO, Dec. 20, 2019 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC ) is pleased to announce that its subsidiary Sagicor Finance (2015) Limited is offering to repurchase all or any part of its US$320,000,000 aggregate principal amount of 8.875% Senior Notes due 2022 at 101% of the principal amount of the repurchased Notes, plus accrued and unpaid interest, if any, as required by the terms of the Notes.
Dec 05, 2019 04:30 pm ET
Sagicor Financial Corporation Limited and Alignvest Acquisition II Corporation Announce Closing and Subsequent Listing on The Toronto Stock Exchange
ST. MICHAEL, Barbados and TORONTO, Dec. 5, 2019 /CNW/ - Sagicor Financial Corporation Limited ("SFCL") and Alignvest Acquisition II Corporation ("AQY") are pleased to announce that they have completed the business combination transaction involving the transfer of all issued and outstanding shares in SFCL to AQY in exchange for shareholders of SFCL receiving cash or shares of AQY.  The resulting entity is named Sagicor Financial Company Ltd. ("Sagicor").