Sagicor Group Jamaica, the insurance conglomerate, recorded net profit of $2.0 billion for the first quarter ended March 2026, a 49 per cent decline from a year earlier, as geopolitical shocks and hurricane-related provisions weighed on results across its business lines.

"Against the backdrop of heightened geopolitical tensions, inflationary pressures, and continued market uncertainty, our first quarter performance reflects the resilience of our diversified business model and the strength of our core operations," said President and Chief Executive Christopher Zacca.

Earnings per share attributable to stockholders fell to $0.52 from $1.02 a year earlier, with return on equity at 7.0 per cent.