NAGICO Insurance (Trinidad and Tobago) Limited ('NAGICO T&T") is a dedicated insurance service provider in the Trinidad and Tobago Insurance Industry. The Company offers insurance products such as property, motor, marine and liability, in addition to business risk solutions and managed by professionals covering underwriting, claims, finance/accounting, audit, governance, risk management, compliance, technology and business development.
Its commitment to service and relationships, diverse product offering and the ability to write up to $134 Million on any single risk are some of the many attributes which make NAGICO T&T unique and sets it apart from its competitors.
NAGICO T&T is a part of the NAGICO Group, a true Caribbean based, diversified and balanced company, which operates within 21 territories and provides a combination of, property and casualty, life and health risk insurance solutions and supervised by 17 regulators across the Dutch, English and Frenchspeaking Caribbean.
In 2016, the NAGICO Group became a member of the Fosun Group, which has in excess of $100 billion in equity, when Peak Reinsurance Company Limited, an A-Excellent rated company became a shareholder of the NAGICO group, further enhancing NAGICO's financial strength.
The NAGICO Group is financially strong and solvent in each operating territory and its risk adjusted capital has been assessed as the strongest level by A.M. Best, based on their capital adequacy rating system. The NAGICO Group has over $500 million in equity, nearly $5 billion in assets and generates over $1 billion in gross written premiums per annum. Furthermore, the NAGICO Group has an impressive claims settlement track record having paid billions of dollars over the years, in relation to the various perils it covers. The most recent event being Hurricanes Irma and Maria in 2017, the Group has paid over $5 billion across the Caribbean, significantly contributing to the recovery efforts in the affected islands.
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