Sagicor revenue climbs to $1.2bn

Lloyd's of London building

The Sagicor Group of Companies reported total revenue for the year climbed to $1.2bn (£781m) from $1.1bn for the previous year. Premium revenue, net of reinsurance, grew by $130.9m or 18.4% to reach $842.9m.

 Combined, the US and UK recorded net premium growth of US $213.9m, while the Caribbean operations posted a decline in net premiums of US $69.0m.

It reported a net income for 2009 including a foreign

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