Company Information

Get to know NAGICO Insurances

Founded in St. Maarten in 1982, NAGICO Insurances has grown to become one of the largest and most trusted insurance providers in the Caribbean. The company offers a comprehensive suite of insurance products, including Motor, Property, Health, Life, Marine, and Liability coverage for both individual and corporate clients. NAGICO operates in approximately 21 territories and is known for its commitment to fast and fair claims processing. Since 2016, it has been a member of the Peak Re Group, a global reinsurer, which has further strengthened its financial stability and capacity.

Industry

Financial InsurancePRIMARY
Financial Other Service

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NAGICO Insurances

N/A

Founded in

1982 (44 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.