Business Jamalco back to capacity
Monday, August 22, 2022 marked the first anniversary of the fire at the alumina processing plant Jamalco, an event described as one of the worst disasters in the company’s 63-year history. Jamalco mines bauxite and refines it into alumina which is exported from its Rocky Point port in Clarendon. It is a joint venture between […]
Go for the unpensioned
With just 12 per cent of the working population having a pension and/or retirement scheme, Minister of Industry, Investment and Commerce Senator Aubyn Hill has encouraged VM Pensions Management Limited to go after the remaining market share. The minister was speaking at the launch of the Jamaica Manufacturers and Exporters Association Retirement Account (JMEARA) on […]
How to get billionaire benefits without a billion bucks!
It takes money to make money and the more you have the more negotiating power your money gives you. So if you have $100,000 how can you reap billionaire benefits? Simply pool your money with other investors so the volume of funds can purchase assets at reduced prices and give you other billionaire benefits too. […]
Consider insurance as a disaster recovery mechanism – JNGI exec
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Growth & Jobs | Students sharpen financial literacy skills at summer camp
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Sagicor Financial buys Canadian life insurer
Published:Friday | August 26, 2022 | 12:13 AM Barbados-based regional insurance company Sagicor Financial Company Limited, SFC, has announced its purchase of ivari, a Canadian individual life insurer, in a C$325-million deal. The acquisition, Sagicor Financial said in a release, is part of its geographical expansion and growth acceleration. It expands SFC’s offering of financial […]
Canopy going into individual life
Canopy Insurance has disclosed plans to enter the individual life insurance business as early as the second quarter of next year. Individual life insurance refers to a life insurance policy covering a single life, in contrast to group life insurance, which covers many lives. “We started with group health primarily and as we went along […]
Appropriate!
the rate hikes could pause. THE Bank of Jamaica (BOJ) has raised its key policy rate for an eighth time since October last year, taking it to an almost 10-year high, but is already signalling that it “is prepared to pause” the rate increases “if the incoming data continue to reflect a downward track for […]
Revving up your money mindset
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Corporate Hands | BCIC sponsors road safety push
Contributed Michelle Anderson (right), chief operating officer, British Caribbean Insurance Company (BCIC), was guest speaker at the Transport Operators Development Sustainable Services (TODDS), TODDS/BCIC Blue Ribbon First Responders Holistic Training Programme ceremony on August 11. She is presenting a certificate of completion to a member of the graduating cohort while Minister of Transport Audley Shaw […]