NCB Insurance Company Ltd (NCBIC), a wholly owned subsidiary of NCB Ja. Ltd, has signaled its intention to acquire an interest in Blue Cross of Jamaica, through its signing of a shareholders’ Agreement with Blue Cross of Jamaica and the Environmental Health Foundation. NCBIC would be the majority shareholder after the acquisition. As a result of this agreement, a strategic business partnership will be forged to enhance the business thrust of all parties concerned.
Completion of the transaction is subject to the approval of the Jamaican regulators and the Blue Cross Blue Shield Association (USA).
