RFHL Subsidiary Granted License To Conduct Life Insurance Business
- Posted by RFHL
- On August 19, 2021
Port of Spain, Trinidad, 18 August, 2021: Republic Financial Holdings Limited (RFHL) is pleased to announce that on August 16, 2021 the Central Bank of Trinidad and Tobago granted its approval for our wholly owned subsidiary, Republic Evolve Limited’s registration as a Long Term insurance company to conduct the Life Insurance class of business only.
Republic Evolve Limited expects to commence offering its first life insurance products within 12 months.
“This is a major milestone for the RFHL Group and supports our ongoing strategic expansion of the range of products offered under the “Republic” Brand,” stated Nigel Baptiste, President and CEO of RFHL. He went onto say “I am extremely excited by this new opportunity for the Republic Family and look forward to the launch of our suite of life insurance products as we seek to better serve the needs of our many clients.”