GraceKennedy acquires Scotia Insurance in 5 countries, except TT - Trinidad and Tobago Newsday
GraceKennedy Financial Group (GKFG) has completed its acquisition of Scotia Insurance Caribbean Ltd's (SICL) operations in five Caribbean countries, excluding TT. Scotiabank and GKFG reached an agreement in August 2022 for a segment of the bank's insurance portfolio to be purchased by the Jamaica-based conglomerate. In a statement, the bank announced the deal "has closed."
Source: newsday.co.tt