Caribbean Assurance Brokers Limited, CAB, is back in the safe zone for the three months up to June 2022, having spun from losses of $13 million to profit of $2.6 million.

Revenue also rose 13 per cent year-on-year to $91.5 million.

CEO Tania Waldron-Gooden is confident that the insurance brokerage will maintain its momentum for the remainder of its financial year, saying earnings have started to trickle in from partnerships struck last year, two of which relate to business outside of Jamaica.