Stocks Round Up | Key Insurance today’s top performer
Published:Tuesday | October 25, 2022 | 3:01 PM The Jamaica Stock Exchange (JSE) Combined Index continued the week Tuesday regaining lost ground. Slow to moderate trading ended with an advance/decline ratio of 41/50. The JSE Combined Index advanced by 321.44 points or 0.09 per cent, to close at 365,552.96. The JSE Main Market Index advanced […]
Fed up! Reinsurers threaten to cut capacity if Caribbean insurance brokers don’t raise rates
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Jamaica to host international Conference on Inclusive Insurance
JAMAICA will be the host to the International Conference on Inclusive Insurance (ICII) scheduled to take place October 24-28, 2022 at the Jamaica Pegasus hotel. The hybrid conference is being hosted by the Insurance Association of Jamaica in partnership with the Munich Re Foundation and the Microinsurance Network. It will attract over 400 international delegates […]
Danger ahead Insurance executive warns of reinsurance risk
Business Danger ahead Insurance executive warns of reinsurance risk BY DAVID ROSE Observer business writer davidr@jamaicaobserver.com Sep 28, 2022 12:15 am · Make a comment Levy…it’s an uphill ride right now, but we’re up to the challenge. While the Government continues to improve Jamaica’s legislative framework to meet relevant international criteria, British Caribbean Insurance Company […]
Soaring food prices push inflation to 40-year high
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Sagicor Group puts focus on tech in management shuffle
Sagicor Group Jamaica Limited has created a new position for a head of group technology and redefined the jobs of three other top executives – changes that focus in the main on the financial conglomerate’s flagship insurance business. The company, which is one of the top three profit-makers on the stock market, said it is […]
Driven by consumers, US inflation grows more persistent
WASHINGTON — U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a shift that has panicked financial markets and heightens the risks of a recession. Some of the longtime drivers of higher inflation — spiking gas prices, supply chain snarls, soaring used-car prices […]
Jamaica to host international Conference on Inclusive Insurance
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Cost of living in Jamaica among highest in Latam region
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US$2 billion in remittances so far
THE Bank of Jamaica (BOJ), in its new remittance report, indicates that for the January to July 2022 period remittance inflows to Jamaica amounted to US$1,959.4 million. Inflows are expected to track pass the US$2-billion mark in the August report pending. Visitors travelling with cash instead of using remittance channels were identified as a cause […]