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Scotia Group Jamaica Limited (SGJ) to Sell Insurance Operations

Scotia Group Jamaica Limited (SGJ) has advised that SGJ and Sagicor Financial Corporation Limited announced that they will enter into a 20-year distribution agreement through which an enhanced suite of market-leading insurance products and solutions, underwritten by Sagicor, will be offered to SGJ customers in Jamaica. As part of this partnership, SGJ has agreed to sell its insurance subsidiary: Scotia Jamaica Life Insurance Company to Sagicor.

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