Third Quarter 2021 Results and Chair Succession TORONTO and BARBADOS, Nov. 15, 2021 /CNW/ - Sagicor Financial Company Ltd. (TSX: SFC) ("Sagicor" or "Company"), a leading financial services provider in the Caribbean with a growing presence in the U.S., today announced its results for the third quarter ended September 30, 2021. All figures are in US$ unless otherwise stated.
Highlights
- Total net revenue of $781.9 million in Q3 increased 94% year over year
- Net insurance premiums of $623.5 million in Q3 increased 135% year over year
- Net income to shareholders of $50.4 million in Q3
- Earnings per share of US$0.349 or C$0.437 in Q3
- Total comprehensive income to shareholders was $50.7 million in Q3
- Book value per share of US$7.92 or C$10.05 in Q3
- Dividend of US$0.05625 per common share to be paid during the fourth quarter (US$0.225 annualized dividend)