/Uncategorized

China leads the way as world’s billionaires get even richer

By |2018-10-31T14:20:23+00:00October 29th, 2018|news, Uncategorized|

ZURICH, Switzerland (AFP) — China produced around two new billionaires a week last year as the fortunes of the world's ultra-rich soared by a record amount, a report said Friday. Billionaires' wealth enjoyed its “greatest-ever” increase in 2017, rising 19 per cent to US$8.9 trillion shared among 2,158 individuals, said the report by Swiss [...]

MoneyMasters targets small investors with pooled funds

By |2018-10-01T21:03:06+00:00October 1st, 2018|Uncategorized|

Small investors have never excited financial firms enough to target them as a group. They just don't deliver the same margins as the business generated from large institutions and high net worth clients. But boutique investment firm MoneyMasters Limited has decided to build products targeted at this underserved market - a segment in which it [...]

NCB implements more security measures for online bankers

By |2018-09-13T16:47:40+00:00September 13th, 2018|news, Uncategorized|

Effective September 30, 2018, users of National Commercial Bank (NCB) Jamaica online services will be required to carry out a two-layered security login procedure as the Bank moves to clamp down on fraudulent activities. NCB in press release yesterday, said since its introduction of the RSA SecurID Tokens, over 70 per cent of active online [...]

Untold Stories of National Awardees | Eric Hosin says the best insurance must be grounded in faith

By |2018-08-29T01:20:44+00:00August 29th, 2018|news, Uncategorized|

Insurance executive Eric Hosin epitomises confidence and a steely determination that have served him well in the often unpredictable industry where he has dedicated almost 30 years of his life. These are traits he obviously prides himself in, but his love and service to his faith as a Christian are closest and dearest to [...]

JN Life enters international health insurance market with US$1m coverage

By |2018-08-17T06:54:18+00:00July 25th, 2018|Uncategorized|

JN Life Insurance Company is now offering health insurance coverage for policyholders visiting the Caribbean and United States, under different arrangements. The plan will utilise the Aetna network for medical services for Jamaicans while in the United States, but will operate on an open network within Caribbean markets, with no limitations on medical providers, according [...]

St Elizabeth doctor sentenced to 12 months in prison for fraud

By |2018-08-17T06:54:27+00:00February 18th, 2018|news, Uncategorized|

A St Elizabeth-based doctor, Alvin Grant was on Friday slapped with a 12-month prison sentence after pleading guilty to medical insurance fraud in the amount of $5 million. Grant, who was appearing before the St Andrew Parish Court, had earlier pleaded guilty at his trial last October. The medical doctor was charged in March 2016 after an [...]

Government tables $773.7 billion budget

By |2018-08-17T06:54:27+00:00February 17th, 2018|news, Uncategorized|

Parliamentarians walk to Gordon House during the Ceremonial Opening of Parliament. – Gladstone Taylor Photo The Government is projecting to spend approximately $773.7 billion in the new fiscal year which begins on April 1. This is $31.8 billion less than the $805.5 billion budgeted for current fiscal year which ends on March 31. On the [...]

St Thomas highway to start in March

By |2018-08-17T06:54:35+00:00January 22nd, 2018|Uncategorized|

Project Manager of the National Works Agency (NWA), Alphanso Marshall has confirmed plans to commence road works on the St Thomas leg of the South Coast Highway by March. The update of the proposed road improvement project was made at a town hall meeting held in Bull Bay last November to address concerns about section [...]

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