Nagico Takes Over Insurance Policies from Sagicor Life Inc
The policies owned by Sagicor Life Inc have been transferred to Nagico Insurance Limited.
The transfer scheme was announced at a public hearing at the Cultural Centre on Wednesday.
Head of the Financial Services Commission Dulcie James, who approved the transfer says it met the requirements under the law.
Both Sagicor and Nagico have assured policy holders that their current policies would not be affected by the transfer scheme.