Sagicor Group Jamaica proposes restructuring to consolidate units under Caribbean parent

Sagicor Group Jamaica announced a corporate restructuring plan to bring Sagicor Jamaica and Sagicor Life Inc under Sagicor Group Caribbean Limited, as detailed in a scheme booklet filed with the Jamaica Stock Exchange. The move is a governance and ownership realignment within the group, with execution and regulatory approval still pending. It signals a strategic consolidation that could affect shareholder structure and market positioning in the Caribbean financial sector.