Central America and the Caribbean · Central America & Caribbean · class L

Life insurance companies in Central America and the Caribbean

2 licensed life insurers, 13% of the 15 insurance entities supervised by the National superintendencies of Central America and the Caribbean (SUGESE Costa Rica, SIB Guatemala, CNBS Honduras, SSF El Salvador, SIBOIF Nicaragua, SSRP Panama, SIS Dominican Republic, CBTT Trinidad and Tobago among them); Bermuda Monetary Authority; Cayman Islands Monetary Authority. Long-term life assurance, annuities, pensions and savings products.

CompanyClassParent / groupOwnershipRegulatorVerification
Pan-American Life Insurance Group
New Orleans HQ; Central America operations
LLifePALIGMutual / cooperativeNational supervisorsUnverified
Sagicor Life
Barbados/Jamaica
LLifeSagicorDomestic privateNational supervisorsUnverified

About life insurers in Central America and the Caribbean

How many life insurers are licensed in Central America and the Caribbean?

2 of the 15 licensed insurance entities in Central America and the Caribbean are classified as life (13%), according to the National supervisors register as reflected in this directory (not verified - knowledge).

Who regulates life insurers in Central America and the Caribbean?

National superintendencies of Central America and the Caribbean (SUGESE Costa Rica, SIB Guatemala, CNBS Honduras, SSF El Salvador, SIBOIF Nicaragua, SSRP Panama, SIS Dominican Republic, CBTT Trinidad and Tobago among them); Bermuda Monetary Authority; Cayman Islands Monetary Authority (National supervisors), under Bermuda (~1,100 insurers) and Cayman (~650 captives) are the region's reinsurance and captive hubs.

Are the life insurers in Central America and the Caribbean locally or foreign owned?

0 of 2 belong to regional or foreign multinational groups (including Sagicor), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/central-america-and-caribbean.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.