Sagicor Financial net income declines by 13%

Sagicor Financial Company yesterday reported net income to shareholders of US$115.6 million for the financial year ended December 31, 2022. That was 13 per cent less than the $133.2 million reported in 2021. 

Sagicor Financial reported revenue of US$2.54 billion in its 2022 financial year, which was an 8 per cent increase over the US$2.35 billion US dollars generated for the previous year.