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The NAGICO Group has been in existence since 1982 and provides a myriad of property and casualty as well as life products and risk solutions to its customers, who are situated throughout the Caribbean; it is a dynamic and versatile group.

Through an exceptional understanding of the insurance business, our customers’ needs and the environment within which we operate, combined with the excellent support of our most valuable assets: our intermediary relationships, staff and reinsurance partners, the NAGICO Group has established an impressive and formidable presence in the Caribbean; operating within 21 territories.

Its promise and commitment from inception has been and remains to deliver fast and fair service to its customers and to always be there for them; a promise it has delivered on consistently over the years. This is the NAGICO way.

NAGICO is a financially strong and stable group due to risk management being at the core of its decision making, it is a preferred provider in the region and #1 in many of the islands, due to its reliability, trustworthiness and friendly service – its core values.

The NAGICO Group became even stronger when it gained Peak Reinsurance Company Limited, an A-Excellent rated entity by AM Best and maintaining >$800m in equity, as one of its shareholders. NAGICO is poised to achieve even greater success and remains focused on its 2020 vision: To be the most trusted insurer in the Caribbean.

Trust is important in life and business. We at NAGICO understand this fully as each day we conscientiously make and deliver on promises; promises to be fast, promises to be fair and promises to always be there for our customers!

Our intermediaries are a crucial part of our strategy. We grow and succeed together through the honouring of our promises. Through team work and the spirit of comradery we: NAGICO, our brokers and agents deliver on our initiatives as one and achieve our shared goals.



Corporate Head Office
P.O. Box 87
NAGICO Building
26 C.A. Cannegieter Street
Philipsburg, St. Maarten

T: (+1-721) 542-2739

The NAGICO Group at a glance

  • 1 Group | 21 territories
  • Financial Size VIII (PHS $100m-$250m)
  • >USD 100 million in Equity
  • >USD 300 million in Assets
  • Excellent Financial Strength: Capital adequacy rated aaa as per AM Best’s Capital Adequacy Rating Guidelines
  • >USD 150 million Gross Written Premiums per annum
  • One Stop Shop: Property, Motor, Marine, Liability, Life and Health products provided
  • Managed by a team of qualified and experienced professionals within the underwriting, claims, finance, risk management, governance, technology and business development areas
  • Represented in 21 territories by a network of powerful intermediaries: Agents & Brokers who are experts in insurance
  • Supported by the best and financially excellent reinsurers, A rated by AM Best, in the world whose equity together exceeds USD 150 billion
  • Our catastrophe risk exposure is prudently managed with less than 10% of the group’s capital and surplus being exposed by a single event
  • Member of the Fosun Group which has in excess of USD 12 billion in equity
  • Rated #1 in the majority of the Caribbean islands
  • Brand is admired and is also recognized in the region and respected for its core values: integrity, leadership, empowerment, diversity and kindness to people.
  • NAGICO aims to contribute directly to the happiness ecosystem in the region. It has woven itself into the hearts and minds of the communities by the sharing of values through the various projects it supports and executes
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Our Geographical Spread & Network

NAGICO’s geographical spread is unmatched by any other insurance carrier in the region. We are represented in 21 territories and in over 25 islands. Through a substantial dedicated, qualified and experienced network of agents, brokers and staff we provide quality risk advice and deliver tailor made solutions to the market.

We believe in investing the necessary time to understand your business and your needs, as in doing so we can truly contribute to your success and grant you peace of mind. At NAGICO we partner with the best as our mindset, philosophy and values are aligned, thus making it easy to create value; we carefully select our partners.

We have a substantial footprint in the Caribbean as it is our home and the people our family. NAGICO is committed to continuing to add value to the region.

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Corporate Social Responsibility

NAGICO Insurances has transformed from a small one office operation in St. Maarten, to a multimillion corporation with operations in over 21 territories. This success can be attributed to the fact that from day one, our founding members understood that the business of insurance is about people.

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NAGICO’s promise and commitment from inception has been and remains to deliver fast and fair service to its customers and to always be there for them; a promise it has delivered on consistently over the years. This is the NAGICO way.

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NAGICO Insurances offers a wide range of risk solutions to ensure your peace of mind. Whether it concerns your business, your personal property or your health, NAGICO is always there, fast and fair.

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