Sagicor Life has advised of its acquisition of the Guardian Life Jamaica Ltd – Individual Life portfolio in the Cayman Islands, comprises about 180 policies. The Cayman Islands local Regulator, Cayman Islands Monetary Authority (CIMA), gave approval for the business transfer on January 30, 2009 and in accordance with the Sale and Purchase Agreement, Sagicor Life of the Cayman Islands Ltd assumed ownership on February 2, 2009.