• Today
    June 17

  • 09:32 PM

Sagicor jobs safe

SC,

Added 13 January 2015

davidalleyne

Sagicor General Inc. President and CEO David Alleyne (FP)

SAGICOR FINANCIAL CORPORATION’S proposed plan to relocate its registered office from Barbados will have no impact on the operations of its subsidiary Sagicor General Insurance Inc.

Sagicor General president and chief executive officer David Alleyne made this clear to the media today.

He said while some public statements suggested that Sagicor’s operations, including the life insurance company and general insurance operation which employ 100 people in Barbados would be affected, this was untrue.

Alleyne addressed the “misunderstanding” this afternoon during a Press conference at Sagicor General’s Haggatt Hall, St Michael office.

Alleyne said there would be no job losses nor increased policy premiums affecting Sagicor General customers in Barbados or elsewhere in the Caribbean as a result of the relocation of the non-operating entity.

“I want to make it clear that the operations of Sagicor General and Sagicor Life are all continuing to operate in Barbados and the other territories without any changes. The companies have been operating for over 100 years and that remains unchanged,” Alleyne said.

“We are continuing to serve the Barbados public. In fact, during this year and into the future Sagicor General will continue to make investments into the Barbados economy in multiple ways. Our level of sponsorship and support for the activities of our people remains significant and undiminished.” (SC)

 

JOIN THE DISCUSSION

Dos and Donts


Welcome to our discussion forum here on nationnews.com. We encourage lively debate, but we also urge you to take note of the following:

  • Stay on topic – This helps keep the thread focused on the discussion at hand. If you would like to discuss another topic, look for a relevant article.
  • Be respectful – Meeting differences of opinion with civil discussion encourages multiple perspectives and a positive commenting environment.
  • Do not type in capitals – In addition to being considered “shouting” it is also difficult to read.
  • All comments will be moderated – Given the volume of comments each day, this may take some time. So please be patient.
  • We reserve the right to remove comments – Comments that we find to be abusive, spam, libellous, hateful, off-topic or harassing may be removed.
  • Reproduction of comments – Some of your comments may be reproduced on the website or in our daily newspapers. We will use the handle, not your email address.
  • Do not advertise – Please contact our Advertising Department.
  • Contact our Online Editor if you have questions or concerns.
  • Read our full Commenting Policy and Terms of Use.
comments powered by Disqus

FRONT COVER OF TODAY'S NEWSPAPER

CARTOON

POLL

Do you agree with Government's decision to seek IMF assistance?

Yes
No
Unsure

INSTAGRAM