Guardian Holdings Ltd has demonstrated sustained growth in its third quarter, posting a profit of $237 million attributable to equity shareholders for the period ending September 30. This marks a significant 20% increase, or $40 million, compared to the $197 million reported in the same period last year. The company’s consolidated financial statements attribute this growth to the expansion of its core insurance operations across English-speaking Caribbean nations, the Dutch Caribbean, and the Netherlands. Chairman Robert Almeida emphasized the group’s commitment to sustainable, long-term value creation, supported by operational efficiencies, disciplined cost management, and favorable market conditions. Key achievements during the quarter included a robust performance ratio, a substantial rise in earnings per share from $2.58 to $5.52, and a 28% increase in return on equity. Additionally, Guardian Holdings successfully refinanced its $1.02 billion bond by issuing a $1.05 billion secured multi-tranche bond. On October 3, credit rating agency CariCRIS reaffirmed the group’s ratings of CariAA- on the regional scale and jmAAA on the Jamaican national scale, maintaining a stable outlook. Almeida also highlighted the group’s strong capitalization and regulatory compliance. Insurance revenue for the quarter grew by $109 million, reaching $1,588 million, while other operating expenses increased by $37 million to $244 million. The board proposed a third quarterly dividend of 23 cents per share, bringing the year-to-date total to 66 cents per share, a 43-cent increase over the previous year. For the nine months ending September 30, the group reported a profit of $1,281 million, a 114% increase from the prior year, driven largely by the sale of Thoma Exploitatie BV in January. Excluding discontinued operations, the group’s profit from continuing operations stood at $630 million, a 7% increase over the previous year. Almeida noted that the core insurance operations remain robust, with insurance service results outperforming the prior year by $207 million or 34%.