PORT OF SPAIN, TRINIDAD – October 17, 2022 – This year marks Pan‑American Life Insurance Group’s (PALIG) 10‑year anniversary in the Caribbean region, where the company has expanded its presence in 13 Caribbean countries with 23 agencies in 18 locations.

PALIG celebrated its 10‑year anniversary at the Hyatt Regency Hotel in Port of Spain on October 10, 2022, at a The Best is Yet to Come themed event, and a visit from Chairman of the Board and CEO José S. Suquet.

“This is a remarkable milestone,” said José S. Suquet. “Led by Greer Quan, CEO of the Caribbean, our dynamic and vibrant Caribbean team have contributed to the Group’s growth and profitability.”

Pan‑American Life is one of the top Individual Life insurance providers in 13 Caribbean countries and among the top 5 in the region for Corporate Business.

In the Caribbean, PALIG is supported by 238 dedicated employees with robust industry experience across the region and a network of 435 agents/brokers steered by a strong Management team.

PALIG’s Caribbean’s individual life and group business sales have seen tremendous growth between 2012 and 2022, with growth rates of 131% and 99% for individual life and group business respectively, making the region a significant contributor to the Gross Written Premium and Earnings of PALIG’s international and global operations.

“The group's reputation as a leading provider of employee benefits and wellness solutions for local, regional and multinational businesses continues to improve through consistent commitment to product innovation, operational improvements and world‑class service,” said Quan. “Improving the lives and well‑being of our policyholders are at the forefront of what we do. As we embark on this next decade and the decades to follow, we remain Focused on What Matters: serving our customers and building a team of benchmark setters within the industry. We look ahead with the promise of growth, enhanced services, and community initiatives.”