Licensed list · North America · Central America & Caribbean · LC

Licensed insurance companies in Saint Lucia (2026)

VerifiedVerified against the FSRA register, checked 8 Sept 2026.

The 53 insurance companies licensed in Saint Lucia in 2026, as recorded by the Financial Services Regulatory Authority (FSRA), with the class of business and ownership each one is registered under.

Snapshot

By class of business

Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.

By ownership

  • Corporate parent (captive)27 51%
  • Foreign multinational15 28%
  • Domestic private7 13%
  • Mutual / cooperative3 6%
  • Regional / multilateral1 2%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in Saint Lucia

Showing 25 of 53 entities. The full, filterable table is on the country page; every row is in the JSON below.

InsurerClassOwnershipGroupVerification
British American Insurance Company LtdLLifeForeign multinationalCL FinancialVerified
CLICO International Life Insurance Company LimitedLLifeForeign multinationalCL FinancialVerified
CUNA Caribbean Insurance OECS LimitedLLifeForeign multinationalCUNA CaribbeanVerified
Demerara Mutual Life Assurance Society LtdLLifeMutual / cooperativeDemerara MutualVerified
GK Insurance (Eastern Caribbean) Limited (formerly EC Global Insurance Company Ltd)GGeneral (Non-life)Foreign multinationalGraceKennedyVerified
GK Life Insurance (Eastern Caribbean) LimitedLLifeForeign multinationalGraceKennedyVerified
Guardian General Insurance LimitedGGeneral (Non-life)Foreign multinationalGuardian GroupVerified
Guardian Life of the Caribbean LimitedLLifeForeign multinationalGuardian GroupVerified
Guyana & Trinidad Mutual Fire Insurance Company Ltd.GGeneral (Non-life)Mutual / cooperativeGTMVerified
Guyana & Trinidad Mutual Life Insurance Company Ltd.LLifeMutual / cooperativeGTMVerified
Island Heritage Insurance Company LimitedGGeneral (Non-life)Foreign multinationalBF&MVerified
Lloyd's UnderwritersGGeneral (Non-life)Regional / multilateralLloyd'sVerified
M&C General Insurance Company LtdGGeneral (Non-life)Domestic privateM&C GroupVerified
Nagico (St. Lucia) LtdGGeneral (Non-life)Foreign multinationalNAGICOVerified
NAGICO Life Insurance (EC) LimitedLLifeForeign multinationalNAGICOVerified
Pan-American Life Insurance Company of the Eastern Caribbean, Ltd.LLifeForeign multinationalPan-American LifeVerified
Sagicor General Insurance Inc.GGeneral (Non-life)Foreign multinationalSagicorVerified
Sagicor Life (Eastern Caribbean) Inc.LLifeForeign multinationalSagicorVerified
The Beacon Insurance Company Ltd.CCompositeForeign multinationalThe Beacon Insurance CompanyVerified
The New India Assurance Company (T&T) LtdGGeneral (Non-life)Foreign multinationalNew India AssuranceVerified
Alqimi Group Insurance IC, Ltd.KCaptive / Risk retention groupCorporate parent (captive)—Verified
Ansa Re LimitedKCaptive / Risk retention groupCorporate parent (captive)—Verified
API Insurance Company Inc.KCaptive / Risk retention groupCorporate parent (captive)—Verified
Atlantic United Insurance CompanyKCaptive / Risk retention groupCorporate parent (captive)—Verified
BCRM IC, Ltd.KCaptive / Risk retention groupCorporate parent (captive)—Verified

Full table for Saint Lucia ↗

Regulatory intelligence: Saint Lucia

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Regime
Insurance Act Cap. 12.08 with the Insurance Companies (Registration) Regulations SI 77/1995 (domestic); International Insurance Act Cap. 12.15 (international insurers, incorporated cell companies and cells); FSRA supervision
Register source
FSRA Saint Lucia: (1) "Insurance Companies - Regulated Entities", "ALL registered Insurance Companies as at July 31, 2025", 25 numbered rows in three table images (Registered_Insurers_as_at_July_31_2025_*.png), https://www.fsrastlucia.org/index.php/insurance-pensions/insurance-companies/regulated-entities; (2) "Association of Underwriters - Regulated Entities" (as at 31 March 2017, 1 entry: Lloyd's Underwriters); (3) "International Insurance - Regulated Entities" (undated: 3 ICCs, 10 incorporated cells, 14 international insurance companies). All retrieved 2026-09-26.
Verification
Verified against the regulator register · FSRA Saint Lucia: (1) "Insurance Companies - Regulated Entities", "ALL registered Insurance Companies as at July 31, 2025", 25 numbered rows in three table images (Registered_Insurers_as_at_July_31_2025_*.png), https://www.fsrastlucia.org/index.php/insurance-pensions/insurance-companies/regulated-entities; (2) "Association of Underwriters - Regulated Entities" (as at 31 March 2017, 1 entry: Lloyd's Underwriters); (3) "International Insurance - Regulated Entities" (undated: 3 ICCs, 10 incorporated cells, 14 international insurance companies). All retrieved 2026-09-26.

No market event is recorded against this register for 2026. The regime and source above are the standing facts.

Governing legislation

  • Insurance Act, Cap. 12.08 · Institutional and insurance framework

    Registration of domestic insurers.

  • International Insurance Act, Cap. 12.15 · Insurance framework

    International insurers, incorporated cell companies and cells.

Verification log

Domestic rows are exactly the 25 numbered FSRA rows, with class taken from its "Class of Business" column. Beacon is "General & Long-term" = C. Three companies are under judicial management: British American, CLICO International Life, St. Lucia Motor & General. Lloyd's comes from a separate FSRA page dated 2017. The 27 international rows are exactly the FSRA international list, all coded K: subclass 1 = pure captive, subclass 2 = broad captive. That page is undated and uses licence numbers. An older undated FSRA article ("Inusrance Companies") lists former names (Sun General, United Insurance, Scotia Insurance EC, EC Global, Great Northern); these were not used. Domestic parents are market knowledge, flagged per row.

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://north-america.insurers.global/api/v1/countries/saint-lucia.json
curl -s https://north-america.insurers.global/api/v1/countries/saint-lucia/insurers/pages/1.json