Published:Friday | August 26, 2022 | 12:13 AM

Barbados-based regional insurance company Sagicor Financial Company Limited, SFC, has announced its purchase of ivari, a Canadian individual life insurer, in a C$325-million deal.

The acquisition, Sagicor Financial said in a release, is part of its geographical expansion and growth acceleration. It expands SFC’s offering of financial services into Canada and, generally, in the North American market.