1961Establishment of Maritime’s presence in T&T
1961 marks the establishment of Maritime’s presence in the Trinidad and Tobago financial market. Maritime Life Assurance Company of Halifax (Canada) commences business through a Branch operation.
1971Maritime Life (Caribbean) Limited is incorporated as a local subsidiary
1972Maritime Life opens its doors for business
1975Maritime Life expands
Maritime Life expands and acquires Maritime Life Property Development Company Limited. Maritime Life Property Development Company Limited is subsequently renamed Keystone Property Developers Limited and undertakes large scale commercial property development.
1977Maritime Life becomes the first foreign life insurance company to be locally controlled
Maritime Life becomes the first foreign life insurance company to be locally controlled, with 74.2% of the company’s shares owned by nationals.
1978Maritime INA is incorporated in partnership with the Insurance Company of North America
Maritime INA is formed as a joint partnership between Maritime Life and the Insurance Company of North America. Eventually, Maritime Life becomes the major shareholder of the company and the name is changed to Maritime General Insurance Company Limited. Maritime Life now owns 100% of Maritime General.
1981Maritime Residences Limited was formed
1983Maritime Life becomes a totally locally owned insurance company
1983 marks a very important year in the company’s life as Maritime Life Assurance Company sells the balance of its holding, passing total ownership into the hands of nationals of Trinidad and Tobago.
1985Maritime Leasing Company Limited is established
Maritime Leasing Company Limited, another subsidiary, is established to specialize in the financing and leasing of equipment to corporate citizens. The first payment of dividends to Maritime Life shareholders is made in this year.
1988The Maritime Financial Group is established
The Maritime Financial Group is established. This solidifies the direction in which the company has been moving over the years, and is in keeping with its corporate mission – to provide complete financial services to all spheres of the community on a sound and economically feasible basis.
1989Fidelity Finance and Leasing Company Limited becomes operational
Fidelity Finance and Leasing Company Limited, whose primary focus is lending and medium and long term investment planning, begins operating as a financial institution licensed under the Financial Institution Act 1979.
1998Nettletons Limited becomes operational
Nettletons Limited, a subsidiary handling the Group retail operations, trading as Food Giant Supermarket begins operations.
The Maritime Centre in Barataria is opened and the Corporate Offices of the Group are relocated from Chancery Lane in Port of Spain.
1999Four new Branches open
1999 marks the establishment of the Chaguanas, Marabella, Tobago and San Fernando Financial Services Centres.
2005Two new Branches open
North East and North West Financial Services Centres are established in the Maritime Centre.
2008 to presentThe South Regional Centre opens
The South Regional Centre on Cipero Street San Fernando opens, which houses the relocated San Fernando Service Centre and the Point Lisas Branch operations.