SLJ executes joint venture
Sagicor Life Jamaica Limited (SLJ) and Capital and Advice Limited, S.A., an investment services ompany incorporated in Costa Rica, executed a joint venture agreement on February 2, 2011 to explore the insurance businesses and insurance related services in certain countries in the Central American Region. Under the terms of the agreement, SLJ will provide certain technical expertise, administrative services and operating systems to support the operations. Capital and Advice, with its experience in banking and other financial services as well as commercial operations, will provide marketing know how and local support to the joint venture. The agreement is subject to regulatory approval in the respective territories of operations.