Mr. McSood-Amjad continued: "In the short-term, we will work towards integrating the NAGICO and British American operations. Over time, clients will be able to benefit from a wider range of insurance solutions as the product portfolio will be expanded. The product range will include Life, Pension, Health as well as Property and Casualty insurance". NAGICO is a dynamic group of companies with insurance operations on 16 territories across the Dutch, English and French Caribbean and plans are to expand to at least 19 territories by the end of 2012. The NAGICO Group now writes premiums of over USD 100 million and has total assets of over USD 125 million and the general insurance group operations carry the prestigious AM Best B++ rating. British American Insurance Company N.V. policy holders will shortly be informed directly on the benefits the acquisition will have for them and the operational transformation they may expect.
NAGICO acquires British American Insurance Company N.V. (Curacao) and subsidiary in Aruba.
Mr. McSood-Amjad continued: "In the short-term, we will work towards integrating the NAGICO and British American operations. Over time, clients will be able to benefit from a wider range of insurance solutions as the product portfolio will be expanded. The product range will include Life, Pension, Health as well as Property and Casualty insurance". NAGICO is a dynamic group of companies with insurance operations on 16 territories across the Dutch, English and French Caribbean and plans are to expand to at least 19 territories by the end of 2012. The NAGICO Group now writes premiums of over USD 100 million and has total assets of over USD 125 million and the general insurance group operations carry the prestigious AM Best B++ rating. British American Insurance Company N.V. policy holders will shortly be informed directly on the benefits the acquisition will have for them and the operational transformation they may expect.
