Sagicor Group Jamaica is reporting a sharp increase in profits for the year ended December 2025.
The company posted net profit of $16.22 billion, a 75 per cent jump over what was earned in 2024.
Group President and Chief Executive Officer Christopher Zacca says the performance reflects stronger core earnings, growth across major business lines and a recovery in the investment portfolio.
Long-term insurance generated net profit of $9.32 billion, while short-term insurance more than doubled its profit to $3.38 billion, despite increased claims linked to the hurricane.
Commercial banking recorded net profit of $4.01 billion, supported by loan growth and higher transaction volumes, while investment banking profit rose to $1.67 billion on stronger trading income.
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