Ms. Ingrid Card reports

SAGICOR FINANCIAL ANNOUNCES CREDIT RATING UPGRADE BY DBRS

DBRS Ltd. (Morningstar DBRS) recently upgraded its issuer rating on Sagicor Financial Company Ltd. and the rating on the company's senior debt to BBB from BBB (low). Morningstar DBRS also confirmed Sagicor Life Insurance Company's and ivari's Financial Strength Ratings at A (low). The trends on all the credit ratings are stable.

The full news release from DBRS is available on the investor relations section of Sagicor's website.

About Sagicor Financial Company Ltd.

Sagicor is a leading financial services provider with over 185 years of history in the Caribbean, over 90 years of history in Canada and over 70 years of history in the United States. Sagicor offers a wide range of products and services, including life, health and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor's registered office is located at Clarendon House, 2 Church St., Hamilton, HM 11, Bermuda, with its principal office located at Cecil F. De Caires Building, Wildey, St. Michael, Barbados.

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