WEEKLY BULLETIN for week ended October 5, 2012
Unilever Caribbean Limited (UCL) – 02.10.12
Unilever Caribbean Limited has informed the Stock Exchange of the following transactions:
• On September 27, 2012, a Director of the Company purchased 300 shares.
• On September 27, 2012, two Senior Officers of the Company each purchased 300 shares.
ANSA Merchant Bank Limited (AMBL) – 04.10.12
ANSA Merchant Bank Limited has informed the Stock Exchange that on September 19, 2012, a Director of the Company purchased 601 shares.
GraceKennedy Limited (GKC) –26.09.12
GraceKennedy Limited has informed the Stock Exchange that it intends to submit its Audited Financial Statements for 2012 within 60 days of year end, in lieu of submitting the fourth quarter Results within 45 days.
Sagicor Financial Corporation (SFC) –28.09.12
The following press release was issued by Sagicor Financial Corporation:
Sagicor Life Insurance Company (Sagicor USA) is pleased to announce that it has completed its acquisition of PEMCO Life Insurance Company (PEMCO Life), a Washington-based company, at the close of business. PEMCO Life and its approximately 7,500 policyholders will join the approximately 60,000 current policyholders of Sagicor as a result.
Sagicor USA has been in the life insurance business for almost 60 years, and has experienced strong business growth since joining the Sagicor Financial Group in 2005. The Company's vision is to improve the lives of the people in the communities in which it operates. Sagicor has total assets of over US $930 million, and is rated "A-" (Excellent) by AM Best Company.
In addition to its financial strength, Sagicor USA is known for its innovative products and excellent customer service. It recently launched simplified issue whole life and no lapse universal life insurance products, specifically designed for healthy individuals, ages 18 to 65 years. With no medical exam necessary, the simplified issue process is designed to greatly enhance the policyholder experience.
Bart Catmull, Sagicor USA's Chief Operating Officer, said "We want to welcome the PEMCO Life policyholders to the Sagicor family, and we are excited to get to know them." He further emphasised that the terms and conditions of their policies will remain unchanged with insurance coverage, benefits and services being provided by Sagicor USA.
"We look forward to providing high quality service to our newest family members for many years to come, as we offer them 'Wise Financial Thinking for Life'."
